Bitcoin price in a decline phase

[Zigabel]

BTC in the last minute price in a decline phase due to the resistance at 110k, which is unlikely to be broken before the monthly close, for this reason crypto investors can take their chances.

Taking chances with this opportunity is one which most crypto investors will definitely want to do because after this $110k there's going to be an upward ward move that will get new ATH but then its important to be watchful because its possible it may not go the direction that we are wishing for it to go. as crypto investors, its better to be mindful not to enter a trade or make an investment decision at this time with impulse because you may be making the wrong move. it will actually take some time for the price to get past the $110k so the month of June isn't enough time to surpass that price, it will go beyond this month and probably to next month or even august before we see a good move beyond $110k.

For the month of August and July i anticipate a consolidation that will sweep so many persons out as liquidity before make an upward move to the next direction. the next ATH may take so much time and that's because of some economic situations we see in recent times which i suspect can at a point have some sort of effect on the way people will react to Bitcoin investment and trading.

[Ojima-ojo]

BTC in the last minute price in a decline phase due to the resistance at 110k, which is unlikely to be broken before the monthly close, for this reason crypto investors can take their chances.

Isn't that expected to happen, because you don't expect the Price of Bitcoin to keep going up without retracing down at some point, because if there is no correction in price when it witnesses a particular direction for a while, it will definitely not be ok and could result in a bubble at some point.


But the corrections always give room for new investors to buy into the market, this is a mechanism with Bitcoin, that every of Bitcoin investors need to take note and take advantage of.

[philipma1957]

Yea we are still in the same slot that began may 8th and it is now June 19.

Do we stay in this slot?  or rise up to 125k?


see the slot.  clearly not a decline. do not do this thread unless you fix the titles

[cryptomaniac_xxx]

BTC in the last minute price in a decline phase due to the resistance at 110k, which is unlikely to be broken before the monthly close, for this reason crypto investors can take their chances.

Isn't that expected to happen, because you don't expect the Price of Bitcoin to keep going up without retracing down at some point, because if there is no correction in price when it witnesses a particular direction for a while, it will definitely not be ok and could result in a bubble at some point.

I guess there are still we really don't understand how everything works in the market. Yes, it is true that we shouldn't expect the price to just keep going. Even in stock markets, there are times that the market will go down for a correction. It's like we as humans needed fresh breath after running. So in this case, this could be the moment that we will see the price retrace itself.

But the corrections always give room for new investors to buy into the market, this is a mechanism with Bitcoin, that every of Bitcoin investors need to take note and take advantage of.

That is one positive impact of corrections, when others was fearful about what is happening, other investors take this opportunity to invest. So this is a good lesson for new investors that if we ever see a correction, don't be afraid and panic. Instead, why not buy as the price is lower and it's like in a bargain.

[philipma1957]

even with trump bombing Iran 🇮🇷 BTC stays in the 100-111k slot for the 53rd day in a row.


note I corrected thread title.

i will continue to do that until btc leaves the slot.

[STT]

I agree there is some decay threat to recent price action but to seriously move anywhere it needs to lose 98k which was the low for today.   The low was a Fibonacci level by my reckoning which means the low was technically bought for trading most likely and will require further confirmation of actual support and volume in this area now going forwards.

   Today's close is the weekly bar which makes the sell slightly more lasting possibly.   A simpler way to put this would be to say these prices are the late April or early May highs and generally the area is important going forward from US election forward.  If the area is not breached then we do better later perhaps sooner then if it needs greater revision.  I think that question can take a few months perhaps to answer fully.

[Dunamisx]

BTC in the last minute price in a decline phase due to the resistance at 110k, which is unlikely to be broken before the monthly close, for this reason crypto investors can take their chances.

If we are to go by the long term analysis and not the short time basis, we are going to see that bitcoin is not on a decline stage, instead its trying to set a correctional mode or raise a sentiment that could help push it up to the desired rate before the final breakout, lets try to look from the chart and be able to depict one or two things form its long term performance and dominance, maybe considering few yearsback then to this time we are in.

https://businessoutstanders.com/cryptocurrency/bitcoin-dominance-crypto-market-2025

[philipma1957]

BTC stays in the 100-111k slot for another day.


The op’s title still looks wrong.

Here is hoping it stays wrong.

update op still looks wrong as we approach a full month of 100k average over 100k.


the question  is  can we continue in this flat line slot of 100-110k for all of june and then deep into july.?

[mich]

Well now I do think price of Bitcoin is not going to be in a decline. We are seeing alot of signs there will be a big breakout in price of Bitcoin coming soon.
Bitcoin did have a good week up more then 4 percent. And it is now holding above price point of 107k. And it still does have a big marketcap of more then $2 Trillion. I am still very 'bullish'.
https://news.bitcoin.com/bitcoin-price-watch-can-bulls-push-past-110k-or-will-bears-regroup/

[AVE5]

BTC in the last minute price in a decline phase due to the resistance at 110k, which is unlikely to be broken before the monthly close, for this reason crypto investors can take their chances.

If we are to go by the long term analysis and not the short time basis, we are going to see that bitcoin is not on a decline stage, instead its trying to set a correctional mode or raise a sentiment that could help push it up to the desired rate before the final breakout, lets try to look from the chart and be able to depict one or two things form its long term performance and dominance, maybe considering few yearsback then to this time we are in.

https://businessoutstanders.com/cryptocurrency/bitcoin-dominance-crypto-market-2025

Whether it was on the decline or correctional phase, the omen can be a Hindenburg which drives Investors response on the market because we either don't know what value it would rest on the short term.
$110,000 has actually been a resistance price when bitcoin price consolidated beneath $108,000 amidst the month of June market but it's all to no justice as market buying pressure was liquidated discouraging selling orders while prices maintains a sustainable value which the $110,000 was still a strong resistance.

So investors taking a sell decision out of the Short term performance might regret it because somewhere in the close term determines the breakouts to new Ath's but only long term or patients Investors can hold to that peak. Perhaps it has proven it positive potentialities liquidity of $112,000 which more is expected.

[Awaklara]

BTC in the last minute price in a decline phase due to the resistance at 110k, which is unlikely to be broken before the monthly close, for this reason crypto investors can take their chances.

Will the bitcoin price drop significantly when it fails to find $110k in this month's close? Investors will not be affected by short-term market corrections. If what happens is a decline that brings bitcoin below $100k, investors will see it as an opportunity.
It might be different if you are talking about those who trade. They have to be more careful in making the analysis.

[philipma1957]

BTC in the last minute price in a decline phase due to the resistance at 110k, which is unlikely to be broken before the monthly close, for this reason crypto investors can take their chances.

Will the bitcoin price drop significantly when it fails to find $110k in this month's close? Investors will not be affected by short-term market corrections. If what happens is a decline that brings bitcoin below $100k, investors will see it as an opportunity.
It might be different if you are talking about those who trade. They have to be more careful in making the analysis.

we simply go sideways .

one argument is we have stayed in the slot since dec 2024

we declined or price corrected in feb to march then picked back to the 100-110 slot may 8 to june 29

So to think this is a decline phase is a joke.

Now people can say bull bull bull 🐂 or
bear bear bear 🐻 but
we are crab crab crab 🦀 or sideways.


So  instead of we are in a decline just say how long do we stay in this crab market and do we stop eating crab cakes and start on the steaks.

I am hoping for nice rib eyes.

[lizarder]

BTC in the last minute price in a decline phase due to the resistance at 110k, which is unlikely to be broken before the monthly close, for this reason crypto investors can take their chances.

This often happens and I don't think that at the close of this month bitcoin will be able to exceed $110K. Based on some of the data we see and a comparison with the ongoing tensions surrounding the ongoing war. We also can't expect bitcoin to continue to experience a significant increase in a short period of time because it really takes something to make bitcoin rally at that price. Currently I see the market is a little sluggish and the short-term effect will definitely experience a small correction and that can never be separated from the market.

One belief that might make me more optimistic is that the current conditions influenced by the Iran and Israel wars do not cause bitcoin to experience a sharp decline as some predict. That means bitcoin is more resistant to conditions that occur like this and people are no longer panicking even though the world economy is not doing well.

[Mpamaegbu]

see the slot.  clearly not a decline. do not do this thread unless you fix the titles.

I like your heading better than what OP put up, making it look like a FUD. Even at the time this thread opened, that little dip in price was still within a range and nothing to be scared of. I guess OP is a paper hand. They panic easily. For me, any dip that comes up before Bitcoin hits $150k won't bother me. I see it as a correction for upward movement. Price will always seek support to spring up. That's what dip does.

[philipma1957]

see the slot.  clearly not a decline. do not do this thread unless you fix the titles.

I like your heading better than what OP put up, making it look like a FUD. Even at the time this thread opened, that little dip in price was still within a range and nothing to be scared of. I guess OP is a paper hand. They panic easily. For me, any dip that comes up before Bitcoin hits $150k won't bother me. I see it as a correction for upward movement. Price will always seek support to spring up. That's what dip does.

yeah titles like his should be edited to true and not kept as a lie.

then if the coin truly moons change them again and if it really does decline change it again.


or simply add    (wrong). if it is really as off as this one.

[$weetne$$]

If we are to go by the long term analysis and not the short time basis, we are going to see that bitcoin is not on a decline stage, instead its trying to set a correctional mode or raise a sentiment that could help push it up to the desired rate before the final breakout,

They would not agree to look at the charts from the point of long term view but will be looking at the market based on short term views and that is why people are thinking that Bitcoin is declining. The phrase we are in is the correction phrase and after that Bitcoin will soon increase back. There are some things that are affecting the market and the fear of war is one of them. If not for this war that is happening, we should have been in the bull market right now. The bull is still going to happen but it might take longer than we expected it to happen.

[Lanatsa]

If we are to go by the long term analysis and not the short time basis, we are going to see that bitcoin is not on a decline stage, instead its trying to set a correctional mode or raise a sentiment that could help push it up to the desired rate before the final breakout,

They would not agree to look at the charts from the point of long term view but will be looking at the market based on short term views and that is why people are thinking that Bitcoin is declining. The phrase we are in is the correction phrase and after that Bitcoin will soon increase back. There are some things that are affecting the market and the fear of war is one of them. If not for this war that is happening, we should have been in the bull market right now. The bull is still going to happen but it might take longer than we expected it to happen.

Why people isnt that getting used to with these kind of movement on saying that the price is declining? Arent these movement is that just that part on normal day situation or condition along the way? Yes. there would be factors on which it could affect out overall price movement on which it would be able to affect out in overall profitability on which of course we dont know on where it would be heading into the next minute/hour/day/week/month. No one would be able to know on how far it would neither making out such pump or dump. It would be just that too impossible that you cant be able to realize those things along the way specially if you are that hovering yourself towards the market and we do know that it cant be that possible that you would be fixating yourself about knowing into the price movement. If you do know on how to ride with the waves or movement then you can actually make money or profits. It all matters about on how you would be able to sustain out because not all will be having such mentality on trying out to deal up with volatility.

If this market wasnt that volatile in the first place then we wont be seeing that kind of impressions and views towards it in the first place. Talking up realistically on which if there would be no movement at all then there would be no positioning that would happen and also interest isnt that as high because people cant make out some money on here. Come to think on how market works on which it cant just that remain to be pumping forever on which if there's that going upward movement then there would be also having that downward too on which it would be always having that opposite. If you are someone who do have that plans or having the approach on trying out to make money out of these movement then go ahead. These are the main challenges for me to think off specially you are trying out to make money with the volatility. When we are trying out to look for opportunities then its normal that there would be that trial and error first. Always be considerate about risks management because usually people do forget out with this aspect.

[STT]

Very much unconfirmed trend and today is not helping but it is something new at least.  The Japanese candlestick bar today is engulfing both the recent closing lows and also highs, with good range this could  mean a breakout is more probable going forward but I dont yet presume direction up or down.

[JeffBrad12]

Chart seems like it's forming a channel so its not distribution phase, nothing to worry about if BTC can close at higher level then it's the more sign that BTC is ready for another rally.
When governments are printing money like there's no tomorrow there's absolutely no reason why BTC should dump honestly. It's pretty obvious, a good trade or investment if you bought the dip.

[philipma1957]

Chart seems like it's forming a channel so its not distribution phase, nothing to worry about if BTC can close at higher level then it's the more sign that BTC is ready for another rally.
When governments are printing money like there's no tomorrow there's absolutely no reason why BTC should dump honestly. It's pretty obvious, a good trade or investment if you bought the dip.

While I rather see a runup to over 200k by the end of July.

Sideways at 100-110k works for me.

The op shit the bed with his guess so far. I concede one day we may slump bigly but so far the 100-110k slot is solid as a rock.