BTC Sentiment Poll for June

[laspol65]

We have passed the month of May, but there was a dumping of Bitcoin price towards the end of May due to the increase in Bitcoin price towards the first of May.
But today we have entered the first of June again, and here we can see the dumping of Bitcoin price. So if we make a slight difference with the previous month, then completely the opposite, if the Bitcoin price is dumping at the beginning of the month, then there will definitely be a pumping towards the end of the month.
However, the 70k level has not been broken, but I see very little chance of breaking it again. I think the Bitcoin price will remain suspended between 70k dollars and 90k dollars. There may be some dumping for Bitcoin this June, but even if there is a possibility of going below 70k dollars, it will not last long., It will move towards 80k dollars again.

[LogitechMouse]

So we were all, almost all, wrong with thinking BTC will hold 80k USD for last month's poll.  So here's another one that you guys might like getting into.  Since BTC has been trending down for the last couple of weeks or so...  Time for a new poll. 

You guys think 70k will hold or will it break?
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I've said in my previous posts that we might see Bitcoin reaching $70,000 in the following weeks. Well, it happened way faster than I thought.

Currently, Bitcoin's price is at the $70,000 area yet again, and that's one of the psychological support right now. If Bitcoin somehow manages to go below that price, we are seeing $67,000 as the next support. There are many things that happened that could be the reason as to why the market tumbled, but I think the most popular one is that Strategy sold 32 BTC yesterday. Yes, it's only 32 BTC, but let's remember that the owner of the company is also the one that said that he will NEVER sell his Bitcoin holdings. Now he ate his own words, and that affected the market in a negative way. Talking about a fragile market, eh?

Anyway, $70,000 might hold for a short time before it tumbles again to the lows of $65,000 or possibly $60,000. Sorry, if I'm pessimistic on my predictions, but we are in a bear market and obviously, the chances of the market going down is higher than it is to go up.

[Dave1]

This is a bit hard to predict honestly, because $70k is my target price, but the problem is the bearish momentum is still strong and the price action still keeps making a series of new lower lows and lower highs. It means we are still bearish since I am not against the trend; I am going to choose below $70 on the poll. I know I can't change my vote, but my perspective can be changed if I see the bear is weakening and creating a new higher high and series of higher lows.

The sentiments really turn into bearish at the start of this month. So we might see and test lower lows again. And it how the market will going to react that's why it's very hard to predict. Will they take this opportunity to buy, or too much of a selling pressures that majority of the holders are willing to sell some?

And there are numbers that says most of the Bitcoin wallet is paper losing -40% already because of the downtrend. Again, this numbers could be interpreted as negative and so with that, the market might see another round of dumping in short term.

[jcojci]

The price might break and down below $70k by the end of June so I vote below. That is a wild prediction that can happens but we hopes that will not happens. The price trying to increase and sustain on the price level now although that is not easy. I see the price getting up and down so fasten your seatbelt just in case if the price gets another flash dump but don't forget to accumulate if the price touch the lower price than now. Beware of the wild speculation out there, they will spread so many bad things and makes people panic.

[avp2306]

This is a bit hard to predict honestly, because $70k is my target price, but the problem is the bearish momentum is still strong and the price action still keeps making a series of new lower lows and lower highs. It means we are still bearish since I am not against the trend; I am going to choose below $70 on the poll. I know I can't change my vote, but my perspective can be changed if I see the bear is weakening and creating a new higher high and series of higher lows.

The sentiments really turn into bearish at the start of this month. So we might see and test lower lows again. And it how the market will going to react that's why it's very hard to predict. Will they take this opportunity to buy, or too much of a selling pressures that majority of the holders are willing to sell some?

And there are numbers that says most of the Bitcoin wallet is paper losing -40% already because of the downtrend. Again, this numbers could be interpreted as negative and so with that, the market might see another round of dumping in short term.

Sentiments change when people see those bearish movements and it seems that it will continue to happen for this month.

But let's see what it got since still hoping for the best movement for this year. Hopefully that we will see some green line in the middle of this month to ease those negative sentiments. Sooner or later market will recover soon, although we don't know if this will going to happen in this month. So let's continue to monitor the flow of the market until the end of this month.
'

[EarnOnVictor]

You guys think 70k will hold or will it break?

This is the cheapest question of all time judging by Bitcoin's status when you asked it. Bitcoin has been battered for a while now, and this has resulted in May's candle ending negative. This only created a reversal pattern with a negative price action visibly showing on the monthly chart. My speculation is not whether $70,000 would hold or not, because it will not hold. Mine is about whether or not it will hit the EMA50 on that very chart soon. The level is at about $66 350 now. A break of it will only pressure BTC further.

[Popkon6]

Bitcoin price is currently being dumped, but one should never panic about this dumping. Many weak hands may panic about the dumping of Bitcoin price and give up their Bitcoin holdings. So, take the opportunity to buy in the current position, this dumping of Bitcoin price will not be suspended for long, Bitcoin price will rise again in a very short time.
Bitcoin price has broken the 70k star at the moment, Bitcoin price has entered $69k. However, it may touch the 67k price but it is not certain, but we will see Bitcoin price rise again by the end of this month.

[BitBrainers]

Inflation in March was 3.3% and in April it rose to 3.8%, exceeding expectations. And as we all know, much of this increase has been attributed to the conflict in the Middle East.
After these figures, the market has basically priced out any Fed rate cuts for the rest of 2026. So I think you should forget the idea that the Fed will cut rates and save the market from further downside.

As long as the war drags on, oil prices remain high, and inflation does not decrease, do not expect them to lower interest rates.

I voted "Below'

https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

The Fed is the key variable here and the math is not in Bitcoin's favor. Inflation back at 3.8% with oil staying elevated means no rate cuts this year, yet the market spent months pricing them in. That gap is now closing. Bitcoin's rally from the lows was built partly on the expectation of cheap money returning. That expectation is gone. This is not a temporary dip waiting for a bounce. It is the market adjusting to a reality it ignored for too long.

[AprilioMP]

So we were all, almost all, wrong with thinking BTC will hold 80k USD for last month's poll.  So here's another one that you guys might like getting into.  Since BTC has been trending down for the last couple of weeks or so...  Time for a new poll. 

You guys think 70k will hold or will it break?

I don't think it'll break below. Based on Bitcoin's monthly return data from last year, which was recorded at +2.49%, compared to -6.96% the year before, I believe it won't climb significantly this June. I mean, Bitcoin will remain below $80,000 this June, but not below $60,000.
It's only been two days and it's not even close yet, but the price is already below $70,000, even though it's been above $70,000 in the last 24 hours, at $73,000.

[rbynxx]

Those 3 circles are strong support zones, and it needs to hold to be able to have that hope of $70k before the end of June or maybe even just hit those support zones. There's still hope we can see it, but if it slides down on those supports, hello $50k range. I think we just chop from here, and I'm confident of that, unless there's that black swan event once again, these nations will pull off. They're good at that, which may fuel the fire with this downtrend. Still, it's good, more cheap BTC for the DCA folks out here.

[adultcrypto]

Bitcoin have fallen below $70,000  today and that is not looking good for a lot of us that had hope on $70,000  holding the price for some decent rallies. At the level the price is and with the current market structure that is being respected, I believe that Bitcoin will likely create a new yearly low  before the end of this month. This means that this month will be bearish until the low is taken because we can see any major upward movement. However, something positive can happen that will lead to a change of direction from any point, bitcoin is known for doing this.

[eaLiTy]

~
You guys think 70k will hold or will it break?

The price has fallen below $70,000 and is trading around $69,382.

~
Bitcoin is currently trading around $71,5k and I think it could fall below $70k as early as today.
It is time to go shopping again.

If you check out historical data, June, August and September are known as the worst months for the cryptocurrency market, and hence it is not a huge surprise. It can be considered as an opportunity to start investing and HODL.



Source: coinglass

[dansus021]

my take is simple until the F*cking war is over and the oil price is flattening the bear would be here as long as they want . Lets gather all the news first

- spot ETFs recorded a devastating $2.43 billion net outflow across May, driven heavily by macro expectations that the Federal Reserve will hold interest rates higher for longer.
- A massive 10,422 BTC transfer ($739 million) out of Mt. Gox cold storage hit the trackers yesterday. Even though it hasn't hit the market order books, the mere movement of ghost supply has spooked retail buyers.
- MicroStrategy (Strategy) executed a tiny profit-taking sell of 32 BTC ($2.5 million). While it represents a microscopic 0.0037% of their treasury, the headline "Saylor Sells" broke the psychological armor of the market.

well based on my view there is no single good news at this point but I still vote Up just for fun. It breaks temporarily to sweep liquidity, but closes June above

[SamReomo]

So Bitcoin once again fall below $70k and that means the month's starting week is very bearish not bullish at all. Let's suppose if Bitcoin somehow drops to $65k value during June then many weak hands will start selling their Bitcoin holdings because of fear and that'll further affect the value of Bitcoin.

Currently, Bitcoin is still below $70k at the time of writing this post and who know what price we'll see when the day finished but I don't expect it to do any good. However, there's some chance that it might get some recovery and reaches $70k again, but if it falls below $69k then it could dip further.

[tokeweed]

  Since BTC has been trending down for the last couple of weeks or so... 

The bear market is not over yet, so we should not be surprised by this Bitcoin decline. Even based on historical patterns, Bitcoin may not have bottomed out yet. Given the current downtrend, it would not be surprising if the price dropped below $70k or worse $60k.

Bitcoin is currently trading around $71,5k and I think it could fall below $70k as early as today.
It is time to go shopping again.

Oof and you're right...  Well close enough.

This is really sad to see guys.  Just a month ago it was like we were almost out of the woods only to see and make us realize that there could be more of downside to go...  More than expected. 

If I were to vote in the poll, I would've voted above 70k the minute the poll went online...  But now, I'll prolly vote below 70k.

Stay safe out there guys.

[Nathrixxx]

Things are becoming more realistic now that we can see the market is on a downtrend, the bears are taking more positions than the bulls, though it has created an opportunity for those that wanted to buy and hold, world traders are expected to also be more careful during this period because there is more possible downtrend that the market will go as far as $62,000 and therefore, this month of June should be bearish as expected before.

[Zaguru12]

Oof and you're right...  Well close enough.

This is really sad to see guys.  Just a month ago it was like we were almost out of the woods only to see and make us realize that there could be more of downside to go...  More than expected. 

If I were to vote in the poll, I would've voted above 70k the minute the poll went online...  But now, I'll prolly vote below 70k.

Stay safe out there guys.

Investors were carried away by the closure of both March and April in bullish state forgetting that the market is actually in a bearish trend overall due to the historical trend for the year, the two months sentiment was what made most people to think that bitcoin will not be going down anytime soon.

Plus historically the greener of all quarters for a bitcoin year has been this second quarter which also made people not to be thinking about the market going bearish now.

May and June have been the most identical months Among all the months and I think I will be going with a price below $70k and a bearish closure of the month. We might even fall below $60k with the current momentum

[Just Say]

Once again, the market has shown us that it often moves against the expectations of the crowd. Every time most people become convinced that prices will keep rising and reach higher, the market tends to fall, and vice versa  

With all what that is going on like Strategy want to sell bitcoin, miners moving bitcoin to exchanges and other ones, you should expect this to happen. Miners moved bitcoin to exchanges, there was ETF outflow and crypto price started to fall. Strategy sold bitcoin today which is 3 bitcoin, market also reacted to it but the amount sold is small.

The strategy has sold thirty two bitcoins so far, which is already showing its negative impact, on June 3, 2026, the bitcoin market is going down like crazy because we can see the price of this currency has already dropped to the level of $66k, it's true that the bearish trend has returned as the strategy has sold off a little Bitcoin. Earlier in May, we saw that against most speculations, bitcoin broke the resistance level of $80k but at the moment the bearish trend seems to be more clear for the strategy's bitcoin sale and the bitcoin transfer of Mt Gox, at this stage I think everyone should be careful of baseless speculation and even continue to buy systematically because there will definitely be a rise by the end of this month.

[STT]

BTC might be challenged, subdued, under fire somewhat perhaps but its not especially in decline only caught in a fight at these levels of the chart.
  To push further down takes an even greater force then moved it previous and I dont sense there is enough of a negative to do that.   So its not positive as such but as a trend Im not speculating negatively either, frustrating as that inconclusive conclusion might be, there it is.

The last day or so has been especially negative but I'll be watching 68.7k for recovery or pivot to decide this month on.   We are below that price now, but the movement matters more then just money and if I see that area form as a ceiling or resistance then I'll be forced to change my mind and find this month as more negative then anticipated.   For whatever reason that might be, could be anything could just be someone doesnt like what MSTR just did or so on.

  Could be we're all in a precursor to the new FED chief being a bearish signal for market entire and BTC is just the sensitive soul who felt it in his toes first, the distant buffalo stampede run   might be we suffer a wider market sell +DXY UP I dont know but I'm giving myself a few days grace at month start.   I have voted positive on the poll just to take the bet but I'll say if I realize later I should have waited.

[BALIK]

The strategy has sold thirty two bitcoins so far, which is already showing its negative impact, on June 3, 2026, the bitcoin market is going down like crazy because we can see the price of this currency has already dropped to the level of $66k, it's true that the bearish trend has returned as the strategy has sold off a little Bitcoin. Earlier in May, we saw that against most speculations, bitcoin broke the resistance level of $80k but at the moment the bearish trend seems to be more clear for the strategy's bitcoin sale and the bitcoin transfer of Mt Gox, at this stage I think everyone should be careful of baseless speculation and even continue to buy systematically because there will definitely be a rise by the end of this month.

I agree with your advice that people should focus on buying whenever Bitcoin is falling. But do not buy just because you think prices will bounce back by end of month, there is no guarantee that will happen. If you buy because you expect it to recover by the end of the month, you are gambling with your own money.

We should not forget that bear market is not over yet and the market's primary trend remain downward. And in a bear market, what we need to do is keep accumulating and stay patient.