Bitcoin price has plunged below $60,000 after a perfect storm of ETF outflows, hawkish Fed signals, geopolitical inflation fears and shaken market confidence.

Doctor Profit warns Bitcoin's bearish flag could target $54,000 first as ETF outflows top $5.9B over six weeks despite a slowing pace.

Bitcoin price climbed above $65,000 as easing ETF outflows and a U.S.-Iran peace deal provided support, while a hawkish Fed under Chair Kevin Warsh and rising rate-hike…