BTC Sentiment Poll for June - page 4.

Saint-loup

legendary

Activity: 2604

Merit: 2353

Quote from: bitterguy28 on June 06, 2022, 12:06:08 AM

Quote from: uneng on June 04, 2022, 04:53:37 AM

Stable month, it seems. Nothing too different from May should be expected... There aren't major news or events which could possibly boost bitcoin price up. I see news keep saying bitcoin won't stay cheap like this for too long, but that is all they have to say for now, and although I think they are right, it's not convincing enough to push a bull run forward.

it is early to mention that this will be another May Month because with the first week they are the same but we don't know what will come in the coming weeks? though I don't understand the market sentiment nowadays but I still don't understand what are we waiting for.

all I wanted to see is that if ever there is something good to come then best that it will be a growth .

2021 is the best year ever and now that 2022 is here ? we can still see the new beginning .

No the first week of this month is not the same as the previous one because all the previous weeks since March 21st have been red, while the first week of June unexpectedly ended in green. This can be the beginning of a trend reversal and June could be a green month with a close above $31 794.

fzkto

sr. member

Activity: 2282

Merit: 439

Cashback 15%

May closed poorly, but there is hope that in June we will see a long-awaited bounce. The price is now locked in a tight range and bitcoin needs to break resistance around 35k to get back. Therefore, I expect a bounce this month at least into this range. But if bitcoin fails to recover, the fall will continue to the ATH 2017 area.

bitterguy28

full member

Activity: 2170

Merit: 182

“FRX: Ferocious Alpha”

Quote from: uneng on June 04, 2022, 04:53:37 AM

Stable month, it seems. Nothing too different from May should be expected... There aren't major news or events which could possibly boost bitcoin price up. I see news keep saying bitcoin won't stay cheap like this for too long, but that is all they have to say for now, and although I think they are right, it's not convincing enough to push a bull run forward.

it is early to mention that this will be another May Month because with the first week they are the same but we don't know what will come in the coming weeks? though I don't understand the market sentiment nowadays but I still don't understand what are we waiting for.

all I wanted to see is that if ever there is something good to come then best that it will be a growth .

2021 is the best year ever and now that 2022 is here ? we can still see the new beginning .

Fundamentals Of

sr. member

Activity: 2380

Merit: 366

So far things are still boring. There was a very quick excitement caused by the sudden surge of Bitcoin's price to $32,000. But then it was quickly dissolved. The price went down once more below $30,000. Things went back to its normal sideward movement with little ups and downs generally within the $29,000 - $30,000 price range. It sometimes goes outside of this range but quickly returns inside. For now there seems to be an attempt to conquer $31,000 once again.

I think it only needs a big news, one with a bang, and the boring movement could end.

Captain Corporate

hero member

Activity: 2086

Merit: 575

If we can arrange some sort of great news about the price, then we could go super high, but in order for that to happen, we need something great happening in the world of crypto. Look at last month, we had luna crashing which made the bitcoin price crash as well, but look at it right now, we have absolutely no bad news and its not going down at all, we need to reverse that. If a luna crash bad news could drop it, then a huge big good news could reverse that and make us go to 40k. So all in all ,if a good news happens then it will be high, if not then it will stay around these prices for a while longer.

coolcoinz

legendary

Activity: 2814

Merit: 1192

The market is like a spring that contracts and expands. We've been contracting since April and are in our third month of falling in a row. Also, I look at what's happening with the price and see that bitcoin is heavily oversold due to luna dump. If not for that we'd have marked 30k as lows and rallied back to 35k. Instead, due to outside interference, we went to 26k and back to 30. It is possible for us to touch the previous ATH of 20k, but I don't see it happening without a relief rally at least back to 36-40k.

RealMalatesta

legendary

Activity: 2338

Merit: 1124

Quote from: el kaka22 on June 03, 2022, 01:53:40 PM

I agree that June could totally be like sideways, we have been like that ever since we dropped to 30k levels, I can't remember the exact date when Luna deal happened but it has been a while now I suppose, at that point we dropped to 26k at the bottom but went to 32k and so far we have been moving up and down only a slight bit and I do not see us getting out of that zone anytime soon.

I feel like June and even July could be like that. In order for us to go super high (or even lower) there needs to be something and nothing is happening right now in bitcoin ecosystem and for the foreseeable future nothing looks like could be done.

I feel like sideways has been long enough, we have been sideways for a whole month now, there could be some movements. I am not saying that we will go under 20k or over 50k, but maybe like reaching 40k? That wouldn't be too shocking, or even reaching above 35k which we haven't done in a while.

I feel like sideways doesn't always end with a huge movement, sometimes it does but other times we get to see it move out of that sideways movement by going out of range for a small amount. In this case 35k would not be a big deal, it wouldn't be a huge % to go up, but at the same time it would break the cycle and we would be able to call it a bull run at least.

Oceat

sr. member

Activity: 2506

Merit: 368

Quote from: palle11 on June 05, 2022, 08:13:51 AM

I don't expect that there will be a super higher price of bitcoin this year and this month too. This month is 30 days and I don't expect magic to happen just now. Talking of price expectation, I can guess it will only have little changes front and back like a uncertain market price. The range of price may stay within $30k - $40k for the month because no major activity going on in the market for the main time.

It's better not to expect anything from the market so you won't get crazy thinking over and over if your decision was right since this market is always unpredictable. I wouldn't expect either that this price will break again at $50k or $40k since we are already at the bear market so I'm just expecting that the price would fall down to $20k soon. People might dump their coins if they saw another drop that would trigger a panic selling and that's it. The market might turn red soon if this current price wouldn't pump a bit.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Dunno.. I feel like BTC and the rest will all start going up again. And not just up, like up going to 50k USD up, before it all starts going back down slowly again to where it is.. at current lows. Lol. But it'd be nice to have a little excitement back around these parts again. It's been a while. Cheesy

I'm thinking in a couple of weeks.

palle11

sr. member

Activity: 2366

Merit: 332

I don't expect that there will be a super higher price of bitcoin this year and this month too. This month is 30 days and I don't expect magic to happen just now. Talking of price expectation, I can guess it will only have little changes front and back like a uncertain market price. The range of price may stay within $30k - $40k for the month because no major activity going on in the market for the main time.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: tokeweed on June 01, 2022, 11:23:57 AM

Is 27k - 28k the lowest of the lows it can get for 2022 and beyond? Is it all going up from here on forth?

No one knows for sure about this because there is no sign that can be sure where bitcoin will move. We've seen the price of bitcoin at $28k-$29k and back to $30k-$31k, and that's happened repeatedly. But still, no one knows if the price will drop to $27k-$28k or stay at $28k-$29k as lows.

Everyone would expect the bitcoin price to go up high starting this June, but sadly, we can only hope. Hopefully, the remaining months of this year can make the price of bitcoin go up high again.

bitterguy28

full member

Activity: 2170

Merit: 182

“FRX: Ferocious Alpha”

The votes result are close meaning there are some who believes it will fall while others are not and this is a good sign of how we stands and how we support crypto , yes indeed that at some point Bitcoin may show a good increase but at the same time it may go side ways.
What I was planning now is to accumulate more when it continues to dump? or will sell when the increase happens sooner as I know 3rd quarte will be more crucial than what we have in 1st and 2nd .

aylabadia05

hero member

Activity: 1540

Merit: 772

Quote from: tokeweed on June 01, 2022, 11:23:57 AM

Here we are again. Another new month, another new sentiment poll... And hopefully the sentiment is more positive than last month. But I can only hope and hope doesn't control what the market does. So I give it you, my fellow members of or beloved BCT. Please check out the chart below and vote for what you think...

Is 27k - 28k the lowest of the lows it can get for 2022 and beyond? Is it all going up from here on forth?

In June the Bitcoin price range will be below $30k. Bitcoin's low point in my opinion is at $27k depending on market conditions. This prediction will not affect, it could be wrong even though my biggest hope is that the Bitcoin price can pass $30k.
On a coinmarketcap chart in 7 days, Bitcoin once crossed the price above $30k but only lasted for a while and returned to the price below $30k.

adaseb

legendary

Activity: 3808

Merit: 1723

Quote from: DoublerHunter on June 04, 2022, 04:54:01 PM

Quote from: Wexnident on June 04, 2022, 05:30:55 AM

I'm on the no side here, though that doesn't mean that I expect the market to go up this month. Imo we're going for a stable month this June, we're definitely going to hover around 30k though, probably wouldn't go past 32k or so for the time being. We'd probably have to wait till the last quarter before any noticeable change happens, and I honestly think it just takes one push for the market to go zoom back up after a 50% drop from the ATH. Preferably after I buy more though.

^ I have doubt that there is no new ATH this year, BTC price has suffered and has struggled even to survive at $35k, but have you noticed it?
When there is a huge pull down the opposite is a massive increase price of BTC.
However, I still believe in BTC though it is unpredictable I still hoping that this year possible there could be an ATH.
For now, the only thing that we can do is to wait when until there is a new resistance of BTC and the price quickly pump up.

It’s possible to get an ATH but it’s highly unlikely. What the stock markets needs to see is basically weaker CPI prints. Next Friday I think it’s the next print.

Most likely it’ll either stay unchanged or slight increase and market reaction will be neutral. However if we see a negative CPI number then markets can rally because it means that the fed won’t increase the basis points for the hikes, which is what most investors are scared of.

DoublerHunter

hero member

Activity: 2590

Merit: 644

Quote from: Wexnident on June 04, 2022, 05:30:55 AM

I'm on the no side here, though that doesn't mean that I expect the market to go up this month. Imo we're going for a stable month this June, we're definitely going to hover around 30k though, probably wouldn't go past 32k or so for the time being. We'd probably have to wait till the last quarter before any noticeable change happens, and I honestly think it just takes one push for the market to go zoom back up after a 50% drop from the ATH. Preferably after I buy more though.

^ I have doubt that there is no new ATH this year, BTC price has suffered and has struggled even to survive at $35k, but have you noticed it?
When there is a huge pull down the opposite is a massive increase price of BTC.
However, I still believe in BTC though it is unpredictable I still hoping that this year possible there could be an ATH.
For now, the only thing that we can do is to wait when until there is a new resistance of BTC and the price quickly pump up.

uneng

hero member

Activity: 2044

Merit: 784

Leading Crypto Sports Betting & Casino Platform

Quote from: Baofeng on June 04, 2022, 05:21:13 AM

Quote from: uneng on June 04, 2022, 04:53:37 AM

Stable month, it seems. Nothing too different from May should be expected... There aren't major news or events which could possibly boost bitcoin price up. I see news keep saying bitcoin won't stay cheap like this for too long, but that is all they have to say for now, and although I think they are right, it's not convincing enough to push a bull run forward.

No bull run this year, that's for sure, we are in a bearish cycle already. And even if there is news that will boost the price, perhaps it won't last long as speculators are going to used it to shorts bitcoin to try and squeeze some money in this plot.

And it's better not to be enthusiastic or something not just this June, but this 2022. Similar in 2018 by all means. But we can make the most out of this downturn this month, simply accumulate, and don't make things complicated.

Indeed, where some see an issue, others see an opportunity. Just like in 2018, let's enjoy the season of cheap bitcoins the maximum we can. I'm confident it's just a matter of time until the next bull run starts. It can take a year or by 2024 yet due to the next halving, who knows, but the only thing I want to be sure is to be prepared when this time comes. At same time, it's important to avoid FUD and advises from speculators on the internet meanwhile. There are many influencers instilling in people's minds they should give up on bitcoin and adopt random altcoins which they claim to be the next "big promise" of crypto market.

I believe that is one major reason why investors are having difficult to focus in bitcoin investment nowadays and end falling for hyped altcoins.

0verseer

full member

Activity: 480

Merit: 106

Quote from: adaseb on June 03, 2022, 09:53:58 PM

Today’s move was mostly based on the employment numbers. The employment numbers are hard to judge these days because we actually beat the amount of estimate for added jobs but yet there was a sell off anyways.

But the average earnings went down a little. So added jobs normally should be bullish however now with inflation it’s bearish because it means that inflation will continue. On the other hand the average wages is decreases which means inflation shouldn’t be as bad.

Very difficult to interpret all this data.

There was something more than just data, you know. Companies cut down employees, downsize or close off a few of their brands. People are more stingy with their money, service sector seeing a hike in earnings. Yes, it's very hard to interpret all the data from the fed and official govt but somehow, I always feel there was something looming behind and contributing to this bearish.

Wexnident

hero member

Activity: 2702

Merit: 672

I don't request loans~

I'm on the no side here, though that doesn't mean that I expect the market to go up this month. Imo we're going for a stable month this June, we're definitely going to hover around 30k though, probably wouldn't go past 32k or so for the time being. We'd probably have to wait till the last quarter before any noticeable change happens, and I honestly think it just takes one push for the market to go zoom back up after a 50% drop from the ATH. Preferably after I buy more though.

Baofeng

legendary

Activity: 2576

Merit: 1655

Quote from: uneng on June 04, 2022, 04:53:37 AM

Stable month, it seems. Nothing too different from May should be expected... There aren't major news or events which could possibly boost bitcoin price up. I see news keep saying bitcoin won't stay cheap like this for too long, but that is all they have to say for now, and although I think they are right, it's not convincing enough to push a bull run forward.

No bull run this year, that's for sure, we are in a bearish cycle already. And even if there is news that will boost the price, perhaps it won't last long as speculators are going to used it to shorts bitcoin to try and squeeze some money in this plot.

And it's better not to be enthusiastic or something not just this June, but this 2022. Similar in 2018 by all means. But we can make the most out of this downturn this month, simply accumulate, and don't make things complicated.

uneng

hero member

Activity: 2044

Merit: 784

Leading Crypto Sports Betting & Casino Platform

Stable month, it seems. Nothing too different from May should be expected... There aren't major news or events which could possibly boost bitcoin price up. I see news keep saying bitcoin won't stay cheap like this for too long, but that is all they have to say for now, and although I think they are right, it's not convincing enough to push a bull run forward.

Topic: BTC Sentiment Poll for June - page 4. (Read 849 times)