On June 7, 2026 it was noted that futures traders confirmed their expectation that Bitcoin would move higher in the coming months. Net long positions continue to grow as bitcoin trades around the 60,000 mark. This still aligns with the Engrbytrade™ Bitcoin Model based on Euro values between 1971 and 1985. Bitcoin is expected to move higher before making a long term decline.
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.
