Bitcoin Rebounds Toward $66,000 as Investors Pile Into BTC and ETH

Bitcoin has rebounded toward $66,000 after dropping from the $76,900 area in late May and failing at $85,000 resistance. Early bullish five-year forecasts gave way to sharp selling amid accelerated spot ETF outflows and capital rotation into AI and privacy tokens. The latest articles show wealthy investors concentrating holdings in major liquid assets—BTC at 82%, ETH at 79%, XRP at 69%—while smaller altcoins print deeply oversold RSI readings. Technical analyst Gareth Soloway cited double-bottom and inside-bar patterns across BTC, ETH and XRP as signs of selling exhaustion and renewed accumulation.