Speculative posts for June

[Oshosondy]

May started with green, but it later showed us a sign of going bearish which it later did. What will happen in June? Will the bears dominate further?

June started with a bitcoin price of $73,680. I may be wrong, but how May ended makes June look somehow, I hope this month will not end in red, but that is what I am thinking will happen. This is just for fun, not an advise for swing and any other type of trader.

[FinneysTrueVision]

There is no clear direction right now. I expect things to keep going sideways for several more weeks before ending the month slightly higher or slightly lower, like we did this past month. The trend could even continue into the following months. We need a massive shift in sentiment before the price can break through resistance levels.

The war against Iran has been declared over several times by Trump, but it just keeps dragging on. That has brought along higher inflation which diminishes people’s ability to invest in assets like Bitcoin.

[Hatchy]

The war against Iran has been declared over several times by Trump, but it just keeps dragging on. That has brought along higher inflation which diminishes people’s ability to invest in assets like Bitcoin.

They just keep going back and forth with the war, that's why alot of things seem to not be going well.. just this morning the report that came in was that Iran really wanted to make a deal..such retroretic statements is not really a way forward for anyone. The should make up their minds and put a deal and let peace rain. Bitcoin like last month might further continue bearish. Except some fundamentals does push it up and it manages to maintain the momentum till it breaks the $80k resistance zone. Aside from that we should be expecting like you said, a ranging market which might later on end up either bearish or bullish as the case may be. But then it's still very early into June, let's hope the months yield good results..

[EarnOnVictor]

May started with green, but it later showed us a sign of going bearish which it later did. What will happen in June? Will the bears dominate further?

I've been following Bitcoin's development closely since two weeks, and it seems a feared bearish development has finally happened. The last two months was positive, just as expected, until Bitcoin started finding it difficult to proceed higher above $80,000+, and then $82,800+, which later plummeted it to the current levels and formed a negative price action.

As seen on the chart above, last month ended bearish despite the start of the month being bullish, which started it all. This was what I predicted and feared for last month in one of my analysis on a thread. At this point, the chance of Bitcoin proceeding higher this month is slim. If it continues lower, the next destination will be on the monthly chart EMA50 at $66,200 where further developments would be weighed before further actions.

[michellee]

I am a bit worried seeing the market, my feeling says the price can down below $70,000 especially if people start panicking and start selling their Bitcoin. The price seems to have dropped to below $72,000 and a chance to see a lower price will be there but we should not panic. The war to lift and down the price still happens in the market and makes movement faster.

But I still have faith that this is just temporary and the down is something that should come. We don't know how deep this will go but we hope that will not drop suddenly. From $73,000 into $72,000 ugh that is something that could make people panic.

[Olatundespo]

May started with green, but it later showed us a sign of going bearish which it later did. What will happen in June? Will the bears dominate further?

June started with a bitcoin price of $73,680. I may be wrong, but how May ended makes June look somehow, I hope this month will not end in red, but that is what I am thinking will happen. This is just for fun, not an advise for swing and any other type of trader.

I thought that Bitcoin might see a positive move at the beginning of the month with a hint of a solution to the war in Iran but it is gradually going down. I can't find a reason for this but I can make a guess. It seems to be a preparation before the bull run which has given investors the opportunity to hold more Bitcoin at a lower price. Whale investors have a strong influence on the Bitcoin market before the price drops or rises. They influence retail investors on social media and in the context of any reliable news.

I see a great possibility of a price drop that is heading towards $70k. The duration of the bear market is not very long so it is necessary to build up more Bitcoin holdings before the next bull run begins.

[Sexylizzy2813]

This is a new chapter and we expect to see more greens than reds, as of last month and the month before the whole Bitcoin price movement hasn't been impressive if you ask me. For now $73k came up which is a good sign and still making progress to get to $82k like the last time we saw it is going to happen. This month and next, I expect Bitcoin price to hit $90k+ it will happen, this week seems to be showing more of green than the first week of last month, my expectations for the month is for the price bump more than we saw in May.

[Hewlet]

June started with a bitcoin price of $73,680. I may be wrong, but how May ended makes June look somehow, I hope this month will not end in red, but that is what I am thinking will happen. This is just for fun, not an advise for swing and any other type of trader.

Mid June might see bitcoin plumate towards $80k but before the end of June, we might still see bitcoin hovering around the same spot we started the month at. With the way bitcoin has been going, we can't say that it's taking a part that's something close to a linear part and so, the extent of bull we might be seeing at the end of the month might not be too much. Except something really remarkable happens, bitcoin will take time before we see it becoming really bullish which should normally make use think little on where we will be ending this month at.

Anything is still possible even while we make our speculation and for an investor that's stayed in bitcoin, whatever happens should be a serious encouragement that tells that bitcoin has a better future than the present and if you're able to buy enough while the price is still relatively down, you've ended up doing more good to yourself.

[Alpha Marine]

It's better if it starts in red, so we can expect more. Now, it has a lot of room to go up. It's at 71k now after reaching $70k briefly. I believe it would go back up after a while this month. It might even get to $80k. As some people are selling, others will like to take advantage of the price and buy when it's low.
I'm not too bothered about the monthly price, though, but I would like it to get to $80k.

I thought that Bitcoin might see a positive move at the beginning of the month with a hint of a solution to the war in Iran but it is gradually going down. I can't find a reason for this but I can make a guess.

People have not yet figured out that the war does not have that much impact on Bitcoin as people think. People just keep attributing every price shift to the war, and it's not exactly true. With or without the war, Bitcoin would move exactly how it's moving. It had already started dipping before the war started. This is a bear market, and this is hiw how Bitcoin moves in a bear market. If the war completely stops today and they sign peace deals and all, we still won't go into a bull market.

[Franctoshi]

I did talk about a bearish continuation in the last month's thread you created, that Bitcoin will hit 66k-64k if it breaks below 74k, and that's what's happening. After seeing that last week and last month closed in a bearish candle, there's a high possibility of Bitcoin even hitting 64k. These are critical support zones. I'm looking forward to Bitcoin bouncing; otherwise, we'll see Bitcoin create another low price from the previous 60k level.

[Jegileman]

With the pattern and trend to which the month of June began, I don’t think that we should be expecting anything spectacular from the month of June. The month of May started well but ending it with a bearish trend looks like the market will continue further on that path, the market won’t be looking to consolidate back to get to see a bullish trend in the market. The month of June is not looking so flashy now, it’s showing bearish signs but anything can happen just like May shocked us to end the month in a negative trend. We may see the month of June in a reverse case of it, the month may be ending in a bullish state even though it started in a bearish position.

[aoluain]

Well there is one thing for sure, I am definitely not worried for what may or may not happen in
the Bitcoin market this month. Why would anyone be worried of the market falling in a Bear
market. I think its best for those who may feel they will experience fear in the coming weeks
or months to try and come to terms with the fact that their fears could come true!

For june I think at best the market will continue more or less sideways or it slips back into a
range in the $60k.

[EluguHcman]

June started with a bitcoin price of $73,680. I may be wrong, but how May ended makes June look somehow, I hope this month will not end in red, but that is what I am thinking will happen. This is just for fun, not an advise for swing and any other type of trader.

The market is currently trading at $71,459.94 and that should be trigger positive sentiments amongst investors who were expecting the month of the June will been greenish.

However, I think it is too early to begin the argument about the month performance but it still feel cool to open discussions for it since we are just speculating for fun and not for trading encouragement.

The market might be bearish now though but before the month of the June wraps up, who knows... Maybe the price may bounce back for recovery.

[Smack That Ace]

The market might be bearish now though but before the month of the June wraps up, who knows... Maybe the price may bounce back for recovery.

This could happen, but do not expect too much, as the bear market is not over yet and money is flowing into stocks, especially AI.

AI boom is attracting massive amounts of capital globally, leading many investors to prioritize new growth opportunities over highly speculative assets like crypto.

While gold and Bitcoin continue to weaken, the SP 500 has just reached a new ATH today. It is not hard to see where the money is flowing. Therefore, in my opinion, this is a period of accumulation and waiting, not a time to expect the market to pump.

[GreatArkansas]

May started with green, but it later showed us a sign of going bearish which it later did. What will happen in June? Will the bears dominate further?

June started with a bitcoin price of $73,680. I may be wrong, but how May ended makes June look somehow, I hope this month will not end in red, but that is what I am thinking will happen. This is just for fun, not an advise for swing and any other type of trader.

For me, since May was a good month, that's the time we broke  $80,000, and we started June as bearish. It's still the first 2 days of the month, but we already dropped to the $70,000 level.
So for me, this will be bearish; I was expecting it would not fall to the $70,000 level. So for me, this will be support, the worst part is we will visit again $60,000 level again.

[Jaweria parveen]

May started with green, but it later showed us a sign of going bearish which it later did. What will happen in June? Will the bears dominate further?

June started with a bitcoin price of $73,680. I may be wrong, but how May ended makes June look somehow, I hope this month will not end in red, but that is what I am thinking will happen. This is just for fun, not an advise for swing and any other type of trader.

This month proved to be good for the price of Bitcoin, it caught the price of $82,000 and dropped it. This shows that we saw the Sabbath color, but the beginning of the madness is so red that it is difficult to predict whether we will ever see the green color or not. You saw it at yesterday's price, if you add the see today, it has gone to $70,000 and if you see more red, it can go to $65,000, which seems certain. Many months are better than madness and we will say this at the end of the madness and if the price of Bitcoin goes above $80,000 again in the same month, it is also good, but at this time, the end of May has made the madness busy with red candles.

[laijsica]

May started with green, but it later showed us a sign of going bearish which it later did. What will happen in June? Will the bears dominate further?

June started with a bitcoin price of $73,680. I may be wrong, but how May ended makes June look somehow, I hope this month will not end in red, but that is what I am thinking will happen. This is just for fun, not an advise for swing and any other type of trader.

Literally last month Bitcoin price was in a good position with a record high of over $82k but it is now falling to around $70k or so. Although there is no significant reason for Bitcoin's price decline, it is believed that it has been liquidated from ETF recently. A large amount of outflows are causing the price to fall. This decline is continuing this month and there is no clear prediction as to whether this decline will continue in the coming times. Some are predicting a minimum price level of $68k but I think Bitcoin's price will gradually improve this month.

[Oshosondy]

Bitcoin has fallen below $70000 almost 2 hours ago, it rose back above $70000 not long after, but the bears are more while many bulls are also bears for now, they took the price back below $70000 again. Bitcoin is $69830 right now and I do not think they will take the price above $70000 for now, but let us wait and see what will happen next.

[cryptomaniac_xxx]

Bitcoin has fallen below $70000 almost 2 hours ago, it rose back above $70000 not long after, but the bears are more while many bulls are also bears for now, they took the price back below $70000 again. Bitcoin is $69830 right now and I do not think they will take the price above $70000 for now, but let us wait and see what will happen next.

Most likely investors have caught up with the news already that's why there are selling right now,

Mt. Gox-linked wallet has moved a total of 10,306 BTC worth approximately $731 million at the time of this writing to a new wallet, sparking community chatter about a potential sale.

https://cryptopotato.com/mt-gox-transfers-731-million-in-bitcoin-to-a-new-wallet-time-to-worry/

And I think this is the catalyst for the downturn in the last hour or so still below $70k as of this writing.

[Minor Miner]

Literally last month Bitcoin price was in a good position with a record high of over $82k but it is now falling to around $70k or so. Although there is no significant reason for Bitcoin's price decline, it is believed that it has been liquidated from ETF recently. A large amount of outflows are causing the price to fall. This decline is continuing this month and there is no clear prediction as to whether this decline will continue in the coming times. Some are predicting a minimum price level of $68k but I think Bitcoin's price will gradually improve this month.

Strategy sells bitcoin, and tensions in the Middle East continue to escalate as Iran threatens to close the Strait of Hormuz once again. I think these are the reasons putting pressure on the market and pushing Bitcoin below $70k.

It is difficult to know whether Bitcoin will continue to fall and hit new lows or will recover from its current levels. But there is one thing I want to remind everyone: the bear market is not over yet, and with the current geopolitical instability. We should not expect Bitcoin prices to skyrocket at this stage.