Bitcoin's price has been a mystery, stuck in a consolidation phase within a bullish flag pattern. Despite a bullish market sentiment, the price has faced significant selling pressure from miners and whales, leading to a downfall from $71,947 to $66,197. The global crypto market cap stands at $2.42 trillion, with a 3.72% increase in trading volume.

The Bitcoin fear and greed index is at 74%, indicating a bullish market sentiment. However, the price has been trading sideways for three months, forming a bullish flag pattern. The recent reversal from the overhead trendline suggests a prolonged consolidation. The bearish turnaround tumbled Bitcoin to a 4-week low of $64,936, accelerated by FUD surrounding US CPI and PPI data.

Miners and whales have contributed to the recent price correction, with miners selling over 1,200 BTC and whales liquidating over 50,000 BTC in the past 10 days. If the breakdown sustains, the BTC price could plunge to $57,000 by June's end. However, a breakout above the flag pattern could bolster a rally to $90,000.

Technical indicators show a bearish near-term trend, but the broader trend remains bullish. The daily Relative Strength Index slope is below 50%, and the daily Exponential Moving Average (100 and 200) indicates an upswing.

In conclusion, Bitcoin's price is at a crossroads, and its future direction depends on various factors. Will it hit $60k or $80k by June's end? Only time will tell.