Bitcoin’s $60K Test Just Got More Serious

Bitcoin’s $60K Test Just Got More Serious

From The DeFi Report by Michael Nadeau

June 3, 2026 · 37 min · Episode 22

About this episode

The episode discusses Bitcoin's critical price level at $60K and the implications of market trends and asset performance in the current bear market.

Bitcoin is testing a critical zone, but this bear market is starting to look different. Mike and David break down why $60K may be the next major level, how Strategy’s first BTC sale and STRC stress could shake market confidence, why ETF outflows are piling up, and why assets like Zcash, HYPE, Lighter, and NEAR are breaking out while Bitcoin weakens. ---- 📣GALAXY | INSTITUTIONAL DIGITAL FINANCE https://bankless.cc/Galaxy ---- 🎯THE DEFI REPORT | FOLLOW & SUBSCRIBE https://thedefireport.cc/tdr-rss https://thedefireport.io/friends https://thedefireport.transistor.fm/ https://x.com/the_defi_report https://x.com/JustDeauIt ---- TIMESTAMPS 0:00 Intro 1:22 Crypto Cycle Turning 4:42 Bitcoin Near Key Support 9:16 STRC Signals Stress 20:42 ETF Outflows Mount 23:58 Robinhood & Portfolio Bets 28:49 DeFi Builders Gain Ground 31:54 Bullish on Crypto Alpha 35:24 Meme Coins Still Stick 35:46 Closing & Disclaimers ---- Not financial or tax advice. For educational purposes only.

People in this episode

Host: Michael Nadeau

Guest: David

Topics covered

  • Bitcoin price analysis
  • crypto market trends
  • ETF outflows
  • DeFi developments
  • market confidence

Keywords

  • Bitcoin
  • crypto
  • bear market
  • ETF
  • Zcash
  • DeFi
  • market confidence
  • STRC
  • HYPE
  • NEAR

Sponsors

GALAXY, THE DEFI REPORT

Mentioned in this episode

Organizations: Strategy, ETF

Products: Bitcoin, Zcash, HYPE, Lighter, NEAR

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