BTC Sentiment Poll for June

[rhomelmabini]

I didn't believe the drop below 25k would happen this month and it literally happened overnight. I guess now I will believe those analysts who said it would drop to 20k or even lower. Right now bitcoin is below 24k and it looks terrible. There will definitely be no crypto market recovery in June.

Because everything is possible when the market is in panic, it will broke any TA out there. We've seen 22k and if it doesn't hold then I guess opportunity waits us at 15k or much higher than that, that's my prediction and probably a buy zone. It's early to tell for the recovery unless the whole global market turns green too.

15000$ would still be little, if it drops below 20,000$ we will see 8000$ or more below 8000$

$8000 is a total capitulation just what we saw in 2018 I guess, not gonna wait on that but it's a possibility when there are no strong support. By the way, the 200 weekly EMA was respected already and might be good relief rally after that but it will be possible to test the 300 weekly EMA since historically it hits on 2018 and the 2020 COVID crash.

[Silberman]

$8000 is a total capitulation just what we saw in 2018 I guess, not gonna wait on that but it's a possibility when there are no strong support. By the way, the 200 weekly EMA was respected already and might be good relief rally after that but it will be possible to test the 300 weekly EMA since historically it hits on 2018 and the 2020 COVID crash.

If we were to see 8k that will be definitely bad news as it would be a total collapse on the price of bitcoin, however it would also be a massive opportunity, if we saw that price I am not afraid to say that I will use every single dollar to my name to buy all the bitcoin I could, and in fact I think I could go even farther than that as I could possible sell some assets that I have so I could raise even more money and buy bitcoin for such a low price.

[GeorgeJohn]

This voting system is like Bitcoin prediction or speculation of the price determinant throughout Bitcoin validation this year 2022. We have to flashback and realized that Bitcoin price is going downstrend every minute and every day, so therefore for bitcoins to experience downfall of twenty five thousand (25k) this year, their is every tendency that the price will accelerate to high or experience a mega falling before the year runs out.

From what I'm seeing towards the constant decrement of bitcoin, i can come in conclusion that bitcoin price will not experience degradation in market that is higher or experienced twenty five thousand (25k). So i think the bus stop of it's can't passed below such value i made mentioned above. I know it's a speculation, but it will come to pass.

[Kelvinid]

$8000 is a total capitulation just what we saw in 2018 I guess, not gonna wait on that but it's a possibility when there are no strong support. By the way, the 200 weekly EMA was respected already and might be good relief rally after that but it will be possible to test the 300 weekly EMA since historically it hits on 2018 and the 2020 COVID crash.

If we were to see 8k that will be definitely bad news as it would be a total collapse on the price of bitcoin, however it would also be a massive opportunity, if we saw that price I am not afraid to say that I will use every single dollar to my name to buy all the bitcoin I could, and in fact I think I could go even farther than that as I could possible sell some assets that I have so I could raise even more money and buy bitcoin for such a low price.

By now, many become happy with the downtrend than those who are worried as they have the opportunity to buy more at a cheaper price. I did see that despite the current situation, people aren't hopeless enough to think about negative but rather still optimistic about the future relying on how halving could influence the growth of crypto prices. It is eventually the reason why people are buying and I think it was reasonable enough to believe that moment will come to reality.

[Coyster]

if we saw that price I am not afraid to say that I will use every single dollar to my name to buy all the bitcoin I could, and in fact I think I could go even farther than that as I could possible sell some assets that I have so I could raise even more money and buy bitcoin for such a low price.

Terrible idea, not that i am not a Bitcoin believer, i am one, through and through; but to invest more than you can afford to lose is a very bad choice to make, i for one will never do it and you shouldn't as well, irrespective of how low the price of Bitcoin falls. Invest with only an amount you can truly afford to use, or you can choose a strategy like DCA to buy at different periods/intervals. Even if Bitcoin goes as low as 3k dollars, do not invest more than you can afford to lose mate.

[Baofeng]

It seems though that we have a glimpse on what is going to happen this June. One of the worst as we have seen near capitulation again (I still think that the price can still go below $20k). Others say it has something to do with the Celsius collapse or the Feds raising the rate hike again. Nevertheless, this is a golden opportunity, bitcoin at a discount? Take his opportunity to buy more.

[tokeweed]

^  I didn't think anybody else was thinking what I'm thinking...  Yup we're just around peak fear sprinkled with a little hope on the side.  We're near capitulation but haven't seen anything just yet.  I'd be selling at the next bounce if we're lucky enough to ever get it.  This thing is just giving a 2018 vibe all over it.

if we saw that price I am not afraid to say that I will use every single dollar to my name to buy all the bitcoin I could, and in fact I think I could go even farther than that as I could possible sell some assets that I have so I could raise even more money and buy bitcoin for such a low price.

Terrible idea, not that i am not a Bitcoin believer, i am one, through and through; but to invest more than you can afford to lose is a very bad choice to make, i for one will never do it and you shouldn't as well, irrespective of how low the price of Bitcoin falls. Invest with only an amount you can truly afford to use, or you can choose a strategy like DCA to buy at different periods/intervals. Even if Bitcoin goes as low as 3k dollars, do not invest more than you can afford to lose mate.

If BTC goes down to 3k USD I think it's def worth taking a shot with everything you got.  But then again it really doesn't matter how low it goes as long as it's the bottom.  If you know in your heart of hearts, just go for it.

[Bitcoin2009]

June was the lowest point I've seen since I re-entered at the end of 2020, but today the price looks like it's going up again because it's already gone up more than 6%, hopefully today will inspire investors to buy again and I suggest not to hesitate if we want to buy and hold bitcoin because of the great potential in the future.

[Sebas.tian]

For me, we haven't touch the lowest low yet, so it's possible that we can touch $27k this month. Although we have bounce back this last week, I'm not really sure, maybe this could be another trap, sort of catching a falling knife. We've barely enter this month and a lot of things can still affect us, like the noise behind us, the war in Europe and then the Fed rate hike or even another set of FUD will trigger another sell-off.

I agree with you, the price will decrease more but it will not decrease more than $20,000 before it will increase higher in this period. The price dropped down to $21,000 few days ago that is making some long term investors panicking about the long bearish market that is affecting investors not to make a good income from their investment. It will be difficult for the crypto market price to remain low through out this month of June because the price will definitely increase higher to enable both short term and long term investors to achieve something good before the end of this month.

[tygeade]

$8000 is a total capitulation just what we saw in 2018 I guess, not gonna wait on that but it's a possibility when there are no strong support. By the way, the 200 weekly EMA was respected already and might be good relief rally after that but it will be possible to test the 300 weekly EMA since historically it hits on 2018 and the 2020 COVID crash.

I agree that it is definitely not a price that we would probably see, it is a very rare situation for bitcoin to drop nearly 90%, not that it never happened but even 2018 wasn't like that. I believe it would probably stop at around 20k, anywhere around of course, so it could definitely be 17-18 at the bottom, but will stay around 20k and after that it should probably stay at around those levels and wouldn't really be a big problem.

I am hoping that there should be some sort of recovery process, which I am guessing wouldn't be something that would happen quickly, it may take a while before we get there, probably at least Q4, but I bet it will happen.

[Frengki_cisco]

Is 27k - 28k the lowest of the lows it can get for 2022 and beyond?  Is it all going up from here on forth?

June is only two weeks left, soon to enter July, some speculations that I've read, Bitcoin will experience a period of sharp decline until October, maybe it can reach $15k or less, that's based on speculation that I've read, I believe in it, can be seen from the current market.

[kesmex]

Is 27k - 28k the lowest of the lows it can get for 2022 and beyond?  Is it all going up from here on forth?

June is only two weeks left, soon to enter July, some speculations that I've read, Bitcoin will experience a period of sharp decline until October, maybe it can reach $15k or less, that's based on speculation that I've read, I believe in it, can be seen from the current market.

I really can't choose, because the price of Bitcoin may indeed go to $15000, but I also believe that it won't happen,
one of the things I'm doing right now is just selling half of my assets in crypto currency, and if indeed the price of Bitcoin falls at $15000,
the altcoins will follow suit, this is why we have to think about the worst case scenario

[Oasisman]

It seems though that we have a glimpse on what is going to happen this June. One of the worst as we have seen near capitulation again (I still think that the price can still go below $20k). Others say it has something to do with the Celsius collapse or the Feds raising the rate hike again. Nevertheless, this is a golden opportunity, bitcoin at a discount? Take his opportunity to buy more.

I also believe Btc could still go below $20k. At some point Btc touches the $20k level already. However it manages to bounce back and currently trading at $21k.
Well, Bitcoin is already in a huge discount now. I am thinking some people are either afraid of this correction or waiting to find the bottom.
The reason behind the current price of Bitcoin may not matter as this will be an opportunity to accumulate.

[Wilhelm]

It seems though that we have a glimpse on what is going to happen this June. One of the worst as we have seen near capitulation again (I still think that the price can still go below $20k). Others say it has something to do with the Celsius collapse or the Feds raising the rate hike again. Nevertheless, this is a golden opportunity, bitcoin at a discount? Take his opportunity to buy more.

I also believe Btc could still go below $20k. At some point Btc touches the $20k level already. However it manages to bounce back and currently trading at $21k.
Well, Bitcoin is already in a huge discount now. I am thinking some people are either afraid of this correction or waiting to find the bottom.
The reason behind the current price of Bitcoin may not matter as this will be an opportunity to accumulate.

I think the bottom is in. Bitcoin is historically oversold and underpriced.
Waiting for 13k is probably going to leave you behind...

[bitterguy28]

Is 27k - 28k the lowest of the lows it can get for 2022 and beyond?  Is it all going up from here on forth?

June is only two weeks left, soon to enter July, some speculations that I've read, Bitcoin will experience a period of sharp decline until October, maybe it can reach $15k or less, that's based on speculation that I've read, I believe in it, can be seen from the current market.

The June may end 2 weeks from now and with this ? the second quarter will end as well so this means there is a new entry and that is a 3rd quarter .

Most of the years ? the  3rd quarter always brings negative approach because this is the decisioning months as the last quarter will bring differently .

[Zaun]

Overal sentiment (all markets) is fear. Don't expect big things until settle down.

That is if it settles down. I have a gut feeling that we will more drama around the market. Especially the crypto market..

[Kopetunto]

Overal sentiment (all markets) is fear. Don't expect big things until settle down.

That is if it settles down. I have a gut feeling that we will more drama around the market. Especially the crypto market..

Fear sentiment I think is a good thing for investors who want to enter the crypto world,
because Fear=BUY , that's what people who already know about crypto say and I quote it,
of course there are also some conditions that must be considered, and don't be careless

[Lorence.xD]

Overal sentiment (all markets) is fear. Don't expect big things until settle down.

That is if it settles down. I have a gut feeling that we will more drama around the market. Especially the crypto market..

This is a good time to buy especially if you're a newbie and you are planning to get into crypto or even if you've been in the crypto space for a long time, you'll know that this situation is an opportunity to buy discounted crypto and hodl in hopes that you will make a big profit in the future.

[tokeweed]

It seems though that we have a glimpse on what is going to happen this June. One of the worst as we have seen near capitulation again (I still think that the price can still go below $20k). Others say it has something to do with the Celsius collapse or the Feds raising the rate hike again. Nevertheless, this is a golden opportunity, bitcoin at a discount? Take his opportunity to buy more.

I also believe Btc could still go below $20k. At some point Btc touches the $20k level already. However it manages to bounce back and currently trading at $21k.
Well, Bitcoin is already in a huge discount now. I am thinking some people are either afraid of this correction or waiting to find the bottom.
The reason behind the current price of Bitcoin may not matter as this will be an opportunity to accumulate.

I think the bottom is in. Bitcoin is historically oversold and underpriced.
Waiting for 13k is probably going to leave you behind...

It could be and I can't blame you if you want to take your shot at the current range.  But the monthly really bothers me after the price broke down 27k - 28k support.

Vibe check for the monthly and this is what I see.  Lol.  Missed the 2019 high would could also act as support...  Anyway, it could go from 20k to 28k in a span of two months then a slow drop down to zhe goblin town.  -_-

[Baofeng]

It seems though that we have a glimpse on what is going to happen this June. One of the worst as we have seen near capitulation again (I still think that the price can still go below $20k). Others say it has something to do with the Celsius collapse or the Feds raising the rate hike again. Nevertheless, this is a golden opportunity, bitcoin at a discount? Take his opportunity to buy more.

I also believe Btc could still go below $20k. At some point Btc touches the $20k level already. However it manages to bounce back and currently trading at $21k.
Well, Bitcoin is already in a huge discount now. I am thinking some people are either afraid of this correction or waiting to find the bottom.
The reason behind the current price of Bitcoin may not matter as this will be an opportunity to accumulate.

I think the bottom is in. Bitcoin is historically oversold and underpriced.
Waiting for 13k is probably going to leave you behind...

Below $20k for me is the best opportunity, as we have seen it in the last 4 hours. $ 19,170, and we have reach the lowest low now and the possibility to go down even further.

Just things to ponder, $13k might be the final bottom, $15k-$18k, as well is another golden opportunity. But I'm not going to wait, every dip Ii'll try to buy as much as I can and then HODL.