BTC Sentiment Poll for June

[goaldigger]

Price will be stable along this month and also for the next months. I think that we're not ready yet for a price increment, we have to wait some other months, maybe we should see something of interesting at the end of the

year but not now. Let's hope that quantitative easing will restart soon, this will let dream us 

The price should be more stable on this level and let’s not hope for any bad news because we might see it down again. The market is on a big red candles and not just with Bitcoin, this could be an indication about the pressure of the government to cryptocurrency. Let’s not panic and just focus on our goal, remember that this is not the end of crypto, this is just a normal bear market, better to buy more.

[Republikcoin.com]

The price should be more stable on this level and let’s not hope for any bad news because we might see it down again. The market is on a big red candles and not just with Bitcoin, this could be an indication about the pressure of the government to cryptocurrency. Let’s not panic and just focus on our goal, remember that this is not the end of crypto, this is just a normal bear market, better to buy more.

The bear market that is still occurring this month is indeed an ordinary bear market that occurs due to bad news from other parties, which has prompted some investors and traders to start saving their assets into stable assets to guard against losses. And I also agree with what you are saying where we shouldn't feel panic and must stay focused on our own core goals because pressure from the government usually doesn't last so long on the crypto market, moreover the government also often wants to solve problems more wise through a better path.

[lunnatic]

Price will be stable along this month and also for the next months. I think that we're not ready yet for a price increment, we have to wait some other months, maybe we should see something of interesting at the end of the

year but not now. Let's hope that quantitative easing will restart soon, this will let dream us 

The price should be more stable on this level and let’s not hope for any bad news because we might see it down again. The market is on a big red candles and not just with Bitcoin, this could be an indication about the pressure of the government to cryptocurrency. Let’s not panic and just focus on our goal, remember that this is not the end of crypto, this is just a normal bear market, better to buy more.

June is still long and the price of Bitcoin is still unstable, and even a dump can happen again because $ 20k is lurking,
moreover bad news always comes, to be honest the situation in June is more scary than in May,
even though we are getting closer to the halving but Bitcoin still not bullish.

[Unbunplease]

June is still long and the price of Bitcoin is still unstable, and even a dump can happen again because $ 20k is lurking,
moreover bad news always comes, to be honest the situation in June is more scary than in May,
even though we are getting closer to the halving but Bitcoin still not bullish.

It is unlikely that bitcoin price will fall below 23000. I think we can expect a sideways movement between 23000-27000 until the end of June. Mid-July usually comes out strong, so bitcoin could start rising again from mid-July. Also, Halving is coming soon and bitcoin will have less and less room to fall.

[flyingcarpet]

June is still long and the price of Bitcoin is still unstable, and even a dump can happen again because $ 20k is lurking,
moreover bad news always comes, to be honest the situation in June is more scary than in May,
even though we are getting closer to the halving but Bitcoin still not bullish.

It is unlikely that bitcoin price will fall below 23000. I think we can expect a sideways movement between 23000-27000 until the end of June. Mid-July usually comes out strong, so bitcoin could start rising again from mid-July. Also, Halving is coming soon and bitcoin will have less and less room to fall.

Even if Bitcoin drops below 23k or goes above 30k, I am not a fan of selling. There are those who are waiting for 10-12k, and there are those who say it will be over 30. There will be a move before the halving comes and there is still time. I don't understand why some people are so pessimistic when they haven't even played 1k. When it goes below 20k, they wait for 12k and start spreading negative words on the market again. Get Bitcoin and hold it. That's the whole point.

It will surely reach the level we expect one day. I think this period will be soon. Max. There is a possibility of reaching those targeted levels in 1-2 years. If it doesn't, we're holding bitcoin. I don't think we will lose because I don't think it will drop to these levels again after the halving.

My guess for June is that there won't be a lot of play around these levels. If it does, it will recover quickly.

[bbc.reporter]

I voted ‘Yup’ in the poll. I don’t necessarily think we will moon in June but I think the price will be higher at June close than it was at June open. We are in the very early days of transitioning from bear market into bull market. I think the price will begin to creep up soon (if macro environment allows it). Just be calm & wait for parabolic upwards movement in the not too distant future (next 2 years).

I am joining you hehehe. The Hinman documents will be unsealed and revealed on June 13 as requested by the lawyers of Ripple. The documents have records of a speech made by Bill Hinman where he said that Bitcoin and Ethereum are not securities. Ripple's lawyers argues that they can use Hinman's speech to open a case that XRP is also not a security. This is bullish for the much of the cryptospace because it might set a precedent for many projects to also open their own cases that their tokens are not securities hehehe.

Also, XRP might pump if Ripple's lawyers get a good outcome hehehehe.

[GreatArkansas]

This dump happened in June, I really expected it. When we tried to test the support level at $25,000 last month, I believe it will be tested again this month and it broke down below.

And that's why I can say that I am bearish in this month of June. This price where we are now which is $25,000 level plus will be a significant support over the time, I hope we will not fall below it anymore until next month.

[bitterguy28]

And I guess sideways would look like this?



After the bounce, it looks like we're going back to how it was going prior to it.

another sideways happens now and yes price breaks down 25k again and with the bad situation happening? I think we will be seeing more dumping down to 24k , because there are sooner increase in the next year .

This dump happened in June, I really expected it. When we tried to test the support level at $25,000 last month, I believe it will be tested again this month and it broke down below.

And that's why I can say that I am bearish in this month of June. This price where we are now which is $25,000 level plus will be a significant support over the time, I hope we will not fall below it anymore until next month.

i thought we will not be seeing lower than 25k but the way it is? maybe there are more low in the next coming months .

[LogitechMouse]

~
So if sell in May then June = Moon?    What do you guys think?

June =  Moon, or June = BOOM!!!!!.
BOOM meaning it will go up like a SpaceX's rocket. JK

200 Weekly Moving Average. This is the only indicator that I'm using whenever I want to see the trend of Bitcoin. Right now the like is at $24,200. Still above that line, so I still remain bullish about Bitcoin despite of it's downward movement in the last few days. As long as Bitcoin will stay above $24,000, I will still remain bullish, and will expect to try and break that $30,000 psychological resistance again. Can Bitcoin do it this month? I don't think so after what happened with Binance at the start of the month, but who knows.

I believe that Bitcoin will go sideways for this moment at around the $25,000-$30,000 price range.

[Oasisman]

June is still long and the price of Bitcoin is still unstable, and even a dump can happen again because $ 20k is lurking,
moreover bad news always comes, to be honest the situation in June is more scary than in May,
even though we are getting closer to the halving but Bitcoin still not bullish.

It is unlikely that bitcoin price will fall below 23000. I think we can expect a sideways movement between 23000-27000 until the end of June. Mid-July usually comes out strong, so bitcoin could start rising again from mid-July. Also, Halving is coming soon and bitcoin will have less and less room to fall.

Well, bitcoin is now trading around $25k so it's now a couple of dollar closer to $23k and I dont think that "unlikely" that you have said is quite more "likely" to happen after the SEC suing Coinbase and Binance simultaneously. I believe the SEC continued crackdown on crypto will somehow affect the market - so we cannot eliminate the huge possibilities for bitcoin to drop below $23k and even if the halving is close approaching, there's no guarantee for a lesser room or chances for a sharp decline. I would also consider it as an opportunity for everyone to fill their bags even more with fractions of bitcoin before the anticipated next bull run.

[STT]

We're just on the tipping point between sideways confusion back and forth and actually acting negatively.  There is both a negative regular price move downwards on daily bars but also now a close below a long term average the 200 week.   If this week doesnt alter those movement with some positivity to muddy that negative tone then it might develop into a proper trend not just a suggestion or speculation of one.   I presume sideways but June could move down properly perhaps, break the repetitive range of prices thats been in the wash since March just going around again and again.

[Bitstar_coin]

I believe this thread was created before the sec grand crack down on major projects in the crypto space. If this poll was to be re-created the answer would be different.
In crypto, it is always very difficult to full speculate what the price will be within a certain time frame since the market is highly influenced by the news and whatever comes up from the anti-crypto side. Many people where hoping the month of June will start well as may was not very fun for traders and investors, nobody anticipate for the sec invasion this month.

[CapGelatik]

Meanwhile, in my opinion, the sentiment in June is still very bearish, because some bad news came such as Binance vs SEC,
Coinbase vs SEC and several exchanges that went bankrupt,
this is why good news like China which legalized cryptocurrencies still can't make the market bullish.

[greek_hephaestus]

Meanwhile, in my opinion, the sentiment in June is still very bearish, because some bad news came such as Binance vs SEC,
Coinbase vs SEC and several exchanges that went bankrupt,
this is why good news like China which legalized cryptocurrencies still can't make the market bullish.

Bitcoin change in the price of below decrease the price of  23k and increase the price of above 30k and i m not a fan of selling this and somebody waiting at the price between 10 to 12k and some one say the price will be increase above the 30k and its half and there is a some movement and they have a time and even not play 1k and its go below the price of 20k and finally they wait still end increase a price then sold it is better to this.

[sana54210]

We're just on the tipping point between sideways confusion back and forth and actually acting negatively.  There is both a negative regular price move downwards on daily bars but also now a close below a long term average the 200 week.   If this week doesnt alter those movement with some positivity to muddy that negative tone then it might develop into a proper trend not just a suggestion or speculation of one.   I presume sideways but June could move down properly perhaps, break the repetitive range of prices thats been in the wash since March just going around again and again.

I think sideways seems like the most likely situation right now, people could have different approaches to this but that doesn't mean that it will happen, we are going to just see it grow a bit differently. I understand that people are looking at the price like it is acting up right now, we have seen some drops and all, but that doesn't mean that the start of the month and end of the month would be too different.

I feel like it will have some movements in the middle but the ending of the month will be pretty similar to how it started. This is going to make traders very happy, but the long term holders will not be similarly happy about the situation, there will be a lot of confusion regarding what's going on and how it all happened.

[Minor Miner]

June is still long and the price of Bitcoin is still unstable, and even a dump can happen again because $ 20k is lurking,
moreover bad news always comes, to be honest the situation in June is more scary than in May,
even though we are getting closer to the halving but Bitcoin still not bullish.

It is unlikely that bitcoin price will fall below 23000. I think we can expect a sideways movement between 23000-27000 until the end of June. Mid-July usually comes out strong, so bitcoin could start rising again from mid-July. Also, Halving is coming soon and bitcoin will have less and less room to fall.

Well, bitcoin is now trading around $25k so it's now a couple of dollar closer to $23k and I dont think that "unlikely" that you have said is quite more "likely" to happen after the SEC suing Coinbase and Binance simultaneously. I believe the SEC continued crackdown on crypto will somehow affect the market - so we cannot eliminate the huge possibilities for bitcoin to drop below $23k and even if the halving is close approaching, there's no guarantee for a lesser room or chances for a sharp decline. I would also consider it as an opportunity for everyone to fill their bags even more with fractions of bitcoin before the anticipated next bull run.

The block reward halving is still a long way off, and even if we get closer, it won't stop bitcoin from falling if the SEC still hits us, panic will still ensue.
Things are starting to calm down, and the market is no longer reacting strongly to the SEC news, and I think the movement of bitcoin this month will depend on the Fed news. If CPI falls as expected and the Fed stops raising interest rates, it can positively impact the market and vice versa if things do not go as expected, it will negatively affect bitcoin.

[yudi09]

May ended down around 7% which isn't really that bad imo.  I was expecting worse as you guys know how the saying goes...  Sell in May and go away.  Lol.  There were some sell offs here and there but nothing too serious like a huge sell down after a leading exchange getting hacked or their founders stealing from their own users, etc..

Overall not a bad month...  For a red month that is.

So if sell in May then June = Moon?    What do you guys think?

Still in a difficult mood to move past $30k even though the current situation on the one hand can still be considered normal because the market situation in May and mid-June are not much different.
I think that the current market situation still requires us to hold and try to increase the amount because selling is not a good thing to do until the end of this month.
There is a possibility that the chart will change again when the BinanceUS and SEC issues are resolved.
In general, that's what I think.

[Reid]

It's difficult to find a bull when there's so much happening near it. BRC20, Pepe, and more. How many investors, users, customers are now affected by this transaction fees and longer time of waiting? It had never happened for a long time and I though it will never happen again.
The price may stay the same for this month, that's my take. If not, then more reds incoming. I just cannot see any reason behind a bull to happen again. Economically speaking, we ain't really in good shape too. No savings means lesser buyers including the retail ones who are a big part of the growth of Bitcoin.

[btc_angela]

It's difficult to find a bull when there's so much happening near it. BRC20, Pepe, and more. How many investors, users, customers are now affected by this transaction fees and longer time of waiting? It had never happened for a long time and I though it will never happen again.
The price may stay the same for this month, that's my take. If not, then more reds incoming. I just cannot see any reason behind a bull to happen again. Economically speaking, we ain't really in good shape too. No savings means lesser buyers including the retail ones who are a big part of the growth of Bitcoin.

And we are not yet in the bull run, specially as you have said, there is a issue about brc-20 ordinals that's clogging bitcoin's network and the community find it disturbing as the fees is going up and most of us are not used to it because it's already cheap with 1 sat/vB. And there were moments where it went as high as 200 sat/vB (highest priority).

And then we have the Binance vs SEC issues or we can add Coinbase issues as well. So definitely this month doesn't look good to us. We are now in the second week and the price just hovers around $26k.

[tokeweed]

And I guess sideways would look like this?



After the bounce, it looks like we're going back to how it was going prior to it.

Surprising to see most people vote sideways for a change. It's a good sign that people aren't too bullish right now at least, even if maybe they should be a bit more bearish given the current correction.

As for the sideways theory, I'm not too convinced. Once price eventually reaches $25K level, that's looking increasingly likely, it will either act as support or fail imo, rather than any prolonged attempt to hold it as support. I say this as there is a lot of fear in the market right now with what the SEC is up to, even if it doesn't directly effect Bitcoin what so ever, people are still selling regardless it seems.

Personally I still find it more likely for price to re-test around $23K, potentially with a more capitulation style candle/event given the current market sentiment, followed by a swiftly returning back above $25K. Not so dissimilar to $20K correction that quickly returned to $25K. Despite the background noise, I don't see much different so far with the current correction than that of March. The only difference is we haven't seen the quick move to the downside yet, but instead a slow grind downwards with low volume or support, but I think we are getting closer to an increase in volatility in order for lower prices to arrive.

There's a couple of guys who voted for it to go up.  It's going to be funny if they're the two guys who got it right.

Anyway, I think the couple of sell downs that went to 25.3k could qualify for '25k' as it's more about the range than the actual number with these things.  So some room for error is fine imo.  But yeah...  Things are starting to move up to 26k again with some resistance.  Looks like it's not gonna be smooth sailing and your 23k call could happen.  :/

Let's see what happens when US session starts in around 30 mins from now.