Why Bitcoin Retested $58K Despite Supportive Macro Backdrop
Key Takeaways Bitcoin slipped near $58,000 even as Treasury yields eased, equities reached record highs, and gold weakened. Analysts say continued institutional outflows, negative gamma positioning, and steady mechanical selling have outweighed improving macroeconomic conditions. Ultimately, investors will monitor ETF flows, Strategy sales, futures activity, and support near the estimated $53,000 realized price. Why Did…