About this episode

Ryan and Mike discuss the current state of Bitcoin and whether the low is confirmed, analyzing various market signals and trends.

Bitcoin bounced, but the bottom still isn’t confirmed. Ryan and Mike unpack the missing coin-rotation signal, weak ETF and spot demand, Saylor’s BTC sale, and why $50K remains in play. ---- 📣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 0:14 Bitcoin Low Or Not? 5:06 Trench Revival In Crypto 6:55 Why Mike Still Sees Lower 12:59 The Coin Rotation Debate 19:31 ETF Demand And Volume Check 23:52 Saylor, Clarity, And Zcash 34:25 Closing Bets And Performance Report ---- Not financial or tax advice. For educational purposes only.

Topics covered

• Bitcoin analysis
• crypto market trends
• ETF demand
• coin rotation
• investment strategies

Sponsors

Galaxy

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• Bitcoin’s Bottom Case, ETF Outflows & The No-Buyers Problem · June 17, 2026 · 45 min

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