Bitcoin Reclaims $64K After Brutal $60K Dip: Institutional Buys Return, $1.7B ETF Outflows Hit Hard, Short Squeeze Ignites & SpaceX IPO Hype Builds

Bitcoin bounced back above $64,000 this week after briefly crashing below $60K, as the total crypto market cap recovered to $2.19 trillion. Despite $1.7 billion in Bitcoin ETF outflows (the fourth straight week of heavy redemptions), institutions showed strong conviction with BitMine adding 127K ETH and MicroStrategy purchasing another 1,550 BTC. We break down the massive short squeeze that liquidated over $500M, Bitcoin’s successful defense of the 200-week SMA, Zcash’s wild 50% crash and recovery, the FTT token surge on SBF’s Trump pardon bid, and the massive anticipation around SpaceX’s historic IPO. With Extreme Fear still dominating at 16 on the Fear & Greed Index, is this the local bottom or just another volatile bounce in a range-bound market? Tune in for technical levels, on-chain insights, and what’s coming next. Not financial advice — DYOR. #CryptoForecast #BitcoinRecovery #ShortSqueeze #SpaceXIPO