BTC Sentiment Poll for June

[AprilioMP]

And if you look at the chart below, it's still trending up.    So, what do you guys think, will the momentum continue for June or will we see it slow down a little and end up closing below last month's price?

Will continue and is still positive.
It's already at $108k and the potential to get back to $110k is in the phase that makes it back to $110k. If anyone says the first week is hard to speculate on prices because it's too soon, the current price chart shows that this could change at any time, even though there is a small ripple between Trump and Elon.

[pawel7777]

What do you know, we may actually see a new ATH in a matter of days, if not hours. We're only 3% away from the current ATH.
The volume isn't great but it's picking up. A slower growth is considered healthier than a sharp rise, usually followed by a correction.
Fear and Greed is still at Neutral, CBBI at 79, meaning there's still a lot of room for growth.
If Musk and Trump calm down and don't escalate, we could see $120k pretty soon.

[Minor Miner]

If Musk and Trump calm down and don't escalate, we could see $120k pretty soon.

There is no denying that the spat between two powerful men in the United States has had some impact on bitcoin and the US stock market, but they are not the only or biggest factors affecting the market. We also have more important factors like inflation, interest rates, tariffs…Therefore, whether bitcoin will soon reach $120,000 will depend on the upcoming economic situation.

If I remember correctly, CPI will be announced tomorrow and according to many predictions, inflation is showing signs of increasing again. That's not a good sign for speculative assets in the short term.

[pooya87]

If I remember correctly, CPI will be announced tomorrow and according to many predictions, inflation is showing signs of increasing again. That's not a good sign for speculative assets in the short term.

Inflation is actually a good thing for bitcoin, it helps its price to go up. What's bad is recession which is causing sell pressure as people liquidate their "risky assets" more than before. The inflation is already rising whether the official stats say it or not, so there is no need to wait for CPI announcement! What matters is if they are going to increase the interest rates and worsen the ongoing recession or not.

[virasog]

And if you look at the chart below, it's still trending up.    So, what do you guys think, will the momentum continue for June or will we see it slow down a little and end up closing below last month's price?

Will continue and is still positive.
It's already at $108k and the potential to get back to $110k is in the phase that makes it back to $110k. If anyone says the first week is hard to speculate on prices because it's too soon, the current price chart shows that this could change at any time, even though there is a small ripple between Trump and Elon.

Bitcoin BTC price movement of a few thousand dollars up or down doesn't matter if you are looking for a long term perspective. It does not matter if we again see bitcoin under 104-105K at the end of this week or in the next important days like when the Core CPI m/m, Core PPI m/m and then the most critical Federal Funds Rate data is out. If the interest rate is not cut in the next FOMC meeting, it can lead to another big dump but again it will be temporary and the price will rise back again. Overall, i think June month will end in Green and the bull market will continue for the next few months.

[AprilioMP]

✂️

Bitcoin BTC price movement of a few thousand dollars up or down doesn't matter if you are looking for a long term perspective. It does not matter if we again see bitcoin under 104-105K at the end of this week or in the next important days like when the Core CPI m/m, Core PPI m/m and then the most critical Federal Funds Rate data is out. If the interest rate is not cut in the next FOMC meeting, it can lead to another big dump but again it will be temporary and the price will rise back again.

The long term is the main target that doesn't give us a headache without any hassle. Have money, buy it, hold it in the wallet with the right process. Seed phrase kept in a safe place. Problem solved. Occasionally go to the market to see the potential. If there is news that is likely to have an impact on prices, then buy again with more money than usual.

Overall, i think June month will end in Green and the bull market will continue for the next few months.

If it is green this June, it will not repeat what happened in 2024 with a red return percentage of 6.96%. We hope that this June we can increase the percentage return, at least 10% if we are unable to reach the percentage in June 2023.

[skarais]

~~~

The long term is the main target that doesn't give us a headache without any hassle. Have money, buy it, hold it in the wallet with the right process. Seed phrase kept in a safe place. Problem solved. Occasionally go to the market to see the potential. If there is news that is likely to have an impact on prices, then buy again with more money than usual.

It sounds simple, but it is not. Not everyone wants to buy every time they have money, some will wait for the price to drop and accumulate it. Even if they have money, some of them will hesitate because they think the price can drop further and that is why sometimes they miss the train. Your advice is understandable and should be like that, but on the other hand you have to consider the best time to reset your strategy and start again.

If it is green this June, it will not repeat what happened in 2024 with a red return percentage of 6.96%. We hope that this June we can increase the percentage return, at least 10% if we are unable to reach the percentage in June 2023.

Every cycle doesn't have to be the same, if it was, then people could take advantage of it very easily. I hope June is green this year and of course it was different last year, but I'm not sure what percentage return to expect. 10% is reasonable, if it happens then the price will be closer to $120k.

[Cryptoprincess101]

And if you look at the chart below, it's still trending up.    So, what do you guys think, will the momentum continue for June or will we see it slow down a little and end up closing below last month's price?

Will continue and is still positive.
It's already at $108k and the potential to get back to $110k is in the phase that makes it back to $110k. If anyone says the first week is hard to speculate on prices because it's too soon, the current price chart shows that this could change at any time, even though there is a small ripple between Trump and Elon.

The malice between Donald Trump and Elon Musk cannot influence the price of the market because Elon Musk and Donald Trump are not a big fan of bitcoin. After the price hit $111,000 yesterday and started experiencing a resistance at $109k then later got to $110k before falling back to $108K, the market is trying to accumulate momentum to face the next action and from market signs, it will likely go bullish few days from now and it may come with a strong velocity that will break the last ATH of $112k it got. Some analysts are even speculating the price to hit $130k before the end of June, which can happen.

[AprilioMP]

If it is green this June, it will not repeat what happened in 2024 with a red return percentage of 6.96%. We hope that this June we can increase the percentage return, at least 10% if we are unable to reach the percentage in June 2023.

Every cycle doesn't have to be the same, if it was, then people could take advantage of it very easily. I hope June is green this year and of course it was different last year, but I'm not sure what percentage return to expect. 10% is reasonable, if it happens then the price will be closer to $120k.

It doesn't have to be the same every cycle or period, but it's not wrong for people to get their hopes up. Especially when it comes from people who don't have much knowledge about Bitcoin's monthly percentage return cycle.
We still have a few weeks left in June. With the price still at $109.8k, then we hope that with the current support price we can also see monthly returns in the percentages we have mentioned.

[danadc]

We still have a few weeks left in June. With the price still at $109.8k, then we hope that with the current support price we can also see monthly returns in the percentages we have mentioned.

If a tariff agreement is reached we could see new numbers and possibly favorable to BTC, if in these times we do not take advantage of it by buying the train it will happen to us, and if the price drops then we should buy it anyway, we should not see the bad but rather the good from the bad, analysts are very optimistic and according to how things are going in the world it can be said that the president of the USA will not let all this get out of control, I hope so. From $110k to $120k it wouldn't be bad to see an increase, just to get us warmed up.

[Pandorak]

Inflation is actually a good thing for bitcoin, it helps its price to go up. What's bad is recession which is causing sell pressure as people liquidate their "risky assets" more than before. The inflation is already rising whether the official stats say it or not, so there is no need to wait for CPI announcement! What matters is if they are going to increase the interest rates and worsen the ongoing recession or not.

Exactly, because interest rate policy is one of the important indicators of the main driver of market sentiment, so, when interest rates are raised in the current weak economic situation, it is likely that it can aggravate the recession, including suppressing all risky assets, including Bitcoin (BTC). On the other hand, if interest rates are lowered, the market could react positively, which could also lead to a rise in Bitcoin (BTC) and other crypto assets.

[Leahized]

So here we go again...  Checking for the sentiment right after last month's end.  It didn't end that bad, I guess.  BTC went over all time high for a while and it's still in the green despite having some iffy moments towards the end.

No one can say it. However, it is possible to identify the chart. We saw in the last month (May) New Ath came down to 101k again. Then I was running for the Said Away Market for quite some time, though very important for price pumping. Now that we have been able to break up 109k, it can be said again that ATH will be seen again and 115k - 118K maximum. But now the price of bitcoin is on the rise. I was thinking that Bitcoin would come down to a maximum of 100K and then pump the biggest pump again but it didn't. Experts say that the maximum of this month can be from 120k to 225k, it seems impossible to me, let's see what happens.

[pawel7777]

Dear Diary, today was not a good day...

Looks like the road to the new ATH and to the anticipated $120k (which some expected to be the next stop before another pullback) might not be as smooth as we hoped.
Despite all the positive metrics and despite crossing $110k today, we dropped to the low $108k levels.

I don't quite understand who's selling at this price. I'd imagine those who held through the previous ATH would not be dumping now and would rather wait till we reach new levels.

The volume is decent but not as great as when we reached the current ATH. I'm still quite confident we will see the $120k this month.

[bbc.reporter]

@pawel7777. I have also voted that the price will be lower for June against May and it appears that this new war between Israel and Iran might be the reason for this. They have begun to bomb each other already where Israel bombed Iran's facilities for nuclear weapons research and development. On Iran, they used a hypersonic missile on Tel Aviv where it has exploded on a civilian area.



The crypto market is slightly bouncing back from early Friday’s jitters on escalating conflict between Israel and Iran.

After slumping to the $102,600 mark, bitcoin BTC rebounded to around $106,000 before fading lower in the U.S. afternoon hours with reports about a fresh wave of airstrikes targeting Iran. The top cryptocurrency was down 1.6% in the last 24 hours, changing hands at $105,200 and still less than 6% shy of its all-time high price.

On the longer timeframe, some analysts see risks of a deeper pullback.

10x Research founder Markus Thielen noted that BTC's drop below $106,000 translates to a failed breakout, and traders should wait for more favorable setups before rushing to buy the dip.

John Glover, chief investment officer at bitcoin lender Ledn, argued that bitcoin entered a corrective phase from its record highs that could see the largest digital asset drop to $88,000-$93,000.

Read in full https://finance.yahoo.com/news/bitcoin-bounces-106k-iran-israel-185218346.html

[Yaunfitda]

Dear Diary, today was not a good day...

Looks like the road to the new ATH and to the anticipated $120k (which some expected to be the next stop before another pullback) might not be as smooth as we hoped.
Despite all the positive metrics and despite crossing $110k today, we dropped to the low $108k levels.

I don't quite understand who's selling at this price. I'd imagine those who held through the previous ATH would not be dumping now and would rather wait till we reach new levels.

The volume is decent but not as great as when we reached the current ATH. I'm still quite confident we will see the $120k this month.

It's weekend again, so we might see a drop as there could be some selling for a good weekend get away, Lol. But still though, at $108k, that is still a good price at this point. We are still in the middle of the month. Plenty of things might happen, but I reckon that maybe the Iran vs Israel conflict might have triggered others to sell because of uncertainty on that region specially that Iran has has strike back with  their drones and destroyed facilities as well inside Israel. In any case, we could only hope and pray that there are no civilian deaths in either side. So let's see this Monday, I'm optimistic that we might recovered some and be back to $110k'ish again.

[Popkon6]

It's weekend again, so we might see a drop as there could be some selling for a good weekend get away, Lol. But still though, at $108k, that is still a good price at this point. We are still in the middle of the month. Plenty of things might happen, but I reckon that maybe the Iran vs Israel conflict might have triggered others to sell because of uncertainty on that region specially that Iran has has strike back with  their drones and destroyed facilities as well inside Israel. In any case, we could only hope and pray that there are no civilian deaths in either side. So let's see this Monday, I'm optimistic that we might recovered some and be back to $110k'ish again.

I like Bitcoin price to be above $100K the most, but Bitcoin price has been above $100K for a long time, but a new record can be created at any time. This June is an open month for Bitcoin, but the possibility of dumping is the most likely that the Bitcoin price will improve naturally. Currently, a large number of people are only ready to hold, and various countries and large companies are always expressing interest in holding Bitcoin for the long term.
When I often look at Bitcoin price, the possibility of Bitcoin price increasing naturally towards the end of June is much higher. However, we may see another upward push in Bitcoin price, but I think it will be more likely to break past records.

[Strongkored]

I'm still quite confident we will see the $120k this month.

$120k is also a number I believe can be achieved this month.
I have a little savings, maybe will sell some for something important but if I get money from other sources I will still hold this Bitcoin.
What I still believe is that Bitcoin is still worth holding for a while longer.

[aylabadia05]

It's weekend again, so we might see a drop as there could be some selling for a good weekend get away, Lol. But still though, at $108k, that is still a good price at this point. We are still in the middle of the month. Plenty of things might happen, but I reckon that maybe the Iran vs Israel conflict might have triggered others to sell because of uncertainty on that region specially that Iran has has strike back with  their drones and destroyed facilities as well inside Israel. In any case, we could only hope and pray that there are no civilian deaths in either side. So let's see this Monday, I'm optimistic that we might recovered some and be back to $110k'ish again.

Iran's tension with Israel is heating up. The price of Bitcoin that is currently being traded is starting to decline, no longer 1 Bitcoin of $108k, but already below $105k.
Everything is still possible, including the price of Bitcoin. Before the Israeli conflict with Iran, we also went through the Ukraine war with Russia. At that time, we were able to get through the situation without a deep price drop. This time, we will see what happens. If the price support is still good, I have no doubt and believe that the effect on the Bitcoin market will not have much adverse impact.

[cryptotact11]

The global situation is terrible, yet the price of Bitcoin is still doing great. I think the sentiment is low though, I don't see much excitement in social media about the price or the potential future at this moment.

@pawel7777. I have also voted that the price will be lower for June against May and it appears that this new war between Israel and Iran might be the reason for this. They have begun to bomb each other already where Israel bombed Iran's facilities for nuclear weapons research and development. On Iran, they used a hypersonic missile on Tel Aviv where it has exploded on a civilian area.

The impact on Bitcoin has been minimal, and making news articles about this is just wrong. The other day I saw a title, that Bitcoin's price went down by $1000 and it was a complete waste. That is not news.

[Ojima-ojo]

Bitcoin price is $105,000 right now and i don't think it is going to fall below $100,000 this month, but it is possible that it could rise above $110,000 again, it depends on market sentiments, the state of the global economy and other political factors. We are basically speculating as we don't control the market, so i will give my own prediction that if all things go well, we might reach $115,000 this month, so fingers crossed on that.

For now we are far from dipping back to $100k Bitcoin price and sure it going to take a while before we see that possibility so for that we need to come to a conclusion on what price speculations we may be having in this period of time, since Bitcoin have shown a lot increase demand and that could trigger more uptrends movement in the price.


Likely Bitcoin will touch a stable price Benchmark of $115,000 and $110,000 this can happen at any point in time.