We are just exceeding the May 20th high which is expected action by a few. The reasoning for a bullish move being justified now is the downtrend since May 20th, a series of lower highs since then have been broken.
Its not a great deal of time, just a week and some but it could be enough at the top of the range to have break free of the resistance in this area. Some momentum is required to break the gravity and have us much higher.
The alternative is repeat but we can hope we already wore out the record and are ready to do something new. Watch how we react to 71500 and it acts as the high for today and later or ideally we have 71.5k as the low & new support.
Last Fridays low is apparently the area that would now break this spell and any magic that could happen, a few thousand leeway isnt much in BTC terms.
Topic: BTC Sentiment Poll for June - page 4. (Read 826 times)
No surprise though if Bitcoin stays near its all time highs. Because we don't really see any major corrections. Bitcoin is moving past its peak price. Yet we are still in a bull market. However, the all time high may reach a new ATH within this month. We are seeing massive inflows into Bitcoin ETFs which is enough to attract investors.
That's a tough one. On one hand it looks like we're ripe for a start of a bull run, on the other - summertime historically isn't the best time for stock market or cryptocurrencies.
But even if the "proper" bull-run doesn't happen until later in the year, we might see BTC breaking the $75k mark as we're not very far away from that.
But even if the "proper" bull-run doesn't happen until later in the year, we might see BTC breaking the $75k mark as we're not very far away from that.
I don't vote in my own polls... Yeah no bs. But if I were to vote, I think I'd vote yes. I mean look at the monthly chart below. It was down for April but then it's up for May and it almost made up for the red candle for April.
And not just that, BTC is prolly due for a pump. All sideways action with no signs that it's going bear mode means it's gonna trend up. At least that's want I think. Lol.
And not just that, BTC is prolly due for a pump. All sideways action with no signs that it's going bear mode means it's gonna trend up. At least that's want I think. Lol.
It touched $70k earlier this June, and for a long time Bitcoin hovered between $60k and $70k. But as the month of June begins, it has increased in price, I think this June will set a record high and break the record at $73.6k and set a new record. Bitcoin price is likely to hit the highest level starting from this June.
Even in May Bitcoin price did not make a record high despite a lot of dumping and pumping, Bitcoin price was at a comfortable level and even from here massive investors held Bitcoin. So this June is likely to set new records and start a bull market.
However, we also cannot predict the market with 100% truth, it is only as speculation from the results of the analysis that we make ourselves, but with that we also have a little confidence because we see the reaction of the market and investors who continue to change day by day, bitcoin is experiencing a positive trend among investors, we hope bitcoin will re-form a high green candle this June.
Since the beginning of 2024, the price of Bitcoin has seen a massive and gradual increase. Looking at the Bitcoin market, this is definitely a sign of a bull run, so it hit a high of 73.6. But the biggest bull market is likely to take place in 2025. So of course we have to wait and see the target of this bull market after a long wait. 2021 marked the biggest bull market since the 2020 Hull Ring in 2021 as it formed. But at present, these green candles in the Bitcoin market have to be created by 2025.
For several days, the price of Bitcoin has regularly fluctuated between $68,000 and $60,000. Yesterday the price of Bitcoin increased again and it reached 71 thousand. The sudden rise in bitcoin prices may have been due to the positive impact of the launch of Australia's first bitcoin ETF. Australia launched the first Bitcoin ETF in their country under Monochrome Crypto Licensing. We are looking at the upward trend of bitcoin price this month can we predict that bitcoin price will touch 75 thousand dollars within this month.
When the price of Bitcoin touches the previous record of 73.6k, the probability of touching $80k is very high. Because there are many good news in two years of Bitcoin halving this year, Bitcoin ETF approval wind is one of the positive points. So if this bull run takes place there will be a high probability that the maximum bitcoin price will touch 150k.
Because bitcoin price has been hovering between 60k to 70k for a long time. It will hit the highest price and set new record if bitcoin price moves towards bull market.
I didn't see much action changing the market so quickly but since earlier this months there is a positive sign that shows bitcoin moving from 65k to 71k plus within ending of last month to this new month, naturally I have this feeling that bitcoin could face difficulty to climb above the previous ATH of 73k plus except it is not following past history since we all know that bitcoin always break out of new ATH at every new year after halving and that is towards middle of the next year.
Since the beginning of 2024, the price of Bitcoin has seen a massive and gradual increase. Looking at the Bitcoin market, this is definitely a sign of a bull run, so it hit a high of 73.6. But the biggest bull market is likely to take place in 2025. So of course we have to wait and see the target of this bull market after a long wait. 2021 marked the biggest bull market since the 2020 Hull Ring in 2021 as it formed. But at present, these green candles in the Bitcoin market have to be created by 2025.
For several days, the price of Bitcoin has regularly fluctuated between $68,000 and $60,000. Yesterday the price of Bitcoin increased again and it reached 71 thousand. The sudden rise in bitcoin prices may have been due to the positive impact of the launch of Australia's first bitcoin ETF. Australia launched the first Bitcoin ETF in their country under Monochrome Crypto Licensing. We are looking at the upward trend of bitcoin price this month can we predict that bitcoin price will touch 75 thousand dollars within this month.
Yes, the Bitcoin bullrun has started since January. It's hard to say where Bitcoin's ongoing pattern so far this year might actually go, as we're in the middle of 2024 and Bitcoin's price today saw it surpass $71k, just behind of $73k. I don't think 2025 will be the only bullrun for Bitcoin, if Bitcoin's trend continues I think November this year could hit a major bullrun. This kind of survey is only personal and a guess, but it is sure that you will definitely have to wait some more time for your Bitcoin target.
I also think that a big bullrun could emerge at the end of this year if the price of Bitcoin itself can continue to be near the ATH level that has occurred this year. Because it will also have an impact on others as well as market conditions which will look better during this year because the price increase to $71K is quite a good thing even though the volume level is always different in each month. However, for personal speculation and guesswork, sometimes it can also be very close, although not completely correct, because the price movement pattern of Bitcoin itself is still influenced by many things, including very general things, namely supply and demand. 
I don't vote in my own polls... Yeah no bs. But if I were to vote, I think I'd vote yes. I mean look at the monthly chart below. It was down for April but then it's up for May and it almost made up for the red candle for April.
youhave the right to vote mate because you are also speculating from your investment here so why deny yourself from being contributor?Quote
And not just that, BTC is prolly due for a pump. All sideways action with no signs that it's going bear mode means it's gonna trend up. At least that's want I think. Lol.
actually you have asked late now, its the 3rd day of june you owe us 2 days 
have seen this happened in the last 2 months mate and now i may choose NO for the time and if this goes for yes yet I am earning
Quote
Lol... Nah.
I don't wanna skew the poll. And I really want to know what you guys think and how you guys feel about the market at the start of any given month. Quote
And the results have been mixed so far. There were months when the voters were getting it right. That was when the market was either trending up or trending down. But at markets with a lot of chop like what we're having right now, it's a little bit harder to predict.
actually never that I votes favoring the results , for how many months of participation? not with a single result gives me correct but this time I changed my strategy and voting against my prediction haha. 
Bitcoin remains close to its all time high. We have not seen a really big correction. Despite the sideways movements, it would seem that we are still in a bull market. It is only a matter of time for the price to start moving higher again and reach a new all time high. I also share the opinion that a new ATH will be reached in this month. We are still seeing massive inflows into Bitcoin ETFs, which is a clear sign of having high demand from investors.
Since the beginning of 2024, the price of Bitcoin has seen a massive and gradual increase. Looking at the Bitcoin market, this is definitely a sign of a bull run, so it hit a high of 73.6. But the biggest bull market is likely to take place in 2025. So of course we have to wait and see the target of this bull market after a long wait. 2021 marked the biggest bull market since the 2020 Hull Ring in 2021 as it formed. But at present, these green candles in the Bitcoin market have to be created by 2025.
Everyone seems to be very bullish for this month, not sure what others are seeing, but maybe they could be right as there could be good news that will push the price to a new all time high and reaches $75,000.
Currently, there is some momentum, above $70,000 and we could be seeing $71,000 if their is enough power from the bulls to go over that hump. Most important thing is that the round numbers have been broken because that is a big mental barrier.
Currently, there is some momentum, above $70,000 and we could be seeing $71,000 if their is enough power from the bulls to go over that hump. Most important thing is that the round numbers have been broken because that is a big mental barrier.
This definitely looks like the month when Bitcoin would break the previous ATH because it has started on a positive notes, it may easily breach the current ATH but I don't think it can sustain above $75k for longer period of time as we see fluctuations everyday and I think there would be further such movements o back and forth until we enter most expected bull run.
The bitcoin price has risen again to $71K this means it is getting closer to $75K this month but we predict mid-month it can reach the desired target this is also some positive news if I'm not mistaken Australian ETF approval.
I am a little calm for June because many people predict bullishness will come quickly although this is a little doubtful we see bitcoin resistance will rise, we wait that this is the moment where bitcoin momentum is good enough.
Vote: YES.
I am a little calm for June because many people predict bullishness will come quickly although this is a little doubtful we see bitcoin resistance will rise, we wait that this is the moment where bitcoin momentum is good enough.
Vote: YES.
Still very early to call though, it's good that there is a Australian ETF approval, but I don't think it will be enough to push the market to $75k. Remember that when the US Spot Bitcoin ETF was approved, the effect was not immediate, it took months before we finally see $73k and established new all time high.
June is not the start of the bullishness in my opinion. It will be the last quarter if we look at the history. But then again, we might see a new trend since we already reaches new all time high prior to the halving. And it's good that we have a breakout run to $70k at the start of this month, but we should be cautious and not expect something big, just saying.
The bitcoin price has risen again to $71K this means it is getting closer to $75K this month but we predict mid-month it can reach the desired target this is also some positive news if I'm not mistaken Australian ETF approval.
I am a little calm for June because many people predict bullishness will come quickly although this is a little doubtful we see bitcoin resistance will rise, we wait that this is the moment where bitcoin momentum is good enough.
Vote: YES.
I am a little calm for June because many people predict bullishness will come quickly although this is a little doubtful we see bitcoin resistance will rise, we wait that this is the moment where bitcoin momentum is good enough.
Vote: YES.
I did vote 'yes' as well, we have been getting a few close calls to that and each time we hit that wall and go back down. I feel like eventually we are going to end up with something that will hit it and go beyond and not drop back down, that's what I believe. I know that many people do not believe that and I know that people are expecting a higher return, but that doesn't mean that we won't get it, we are going to get higher.
We just need to be patient and eventually we will do fine. This isn't always that easy, sometimes it takes time to reach that level, but we are going to see it grow bigger and better. We spent our time, been a few months since last ATH and it's time to see how the bull run of this new period will start this month.
We just need to be patient and eventually we will do fine. This isn't always that easy, sometimes it takes time to reach that level, but we are going to see it grow bigger and better. We spent our time, been a few months since last ATH and it's time to see how the bull run of this new period will start this month.
Since the beginning of 2024, the price of Bitcoin has seen a massive and gradual increase. Looking at the Bitcoin market, this is definitely a sign of a bull run, so it hit a high of 73.6. But the biggest bull market is likely to take place in 2025. So of course we have to wait and see the target of this bull market after a long wait. 2021 marked the biggest bull market since the 2020 Hull Ring in 2021 as it formed. But at present, these green candles in the Bitcoin market have to be created by 2025.
It's not always massive at first but the increase is gradual and it only got boosted after the acceptance of ETF for BTC. The second increase we feel which help the price to hit that new ATH you mentioned there is after the BTC halving and that started the BTC bull run at the same time.The bulls that we have are still big because we started when the price is still low and it's not finished yet but that's great if there will be another next year. Time traveling is not possible, so indeed that there is no shortcut to get there but if someone can't wait, they still can earn a big profit through trading and gambling in the casino but both of them needs a great skill.
I don't vote in my own polls... Yeah no bs. But if I were to vote, I think I'd vote yes. I mean look at the monthly chart below. It was down for April but then it's up for May and it almost made up for the red candle for April.
Just like you, if I had to choose, I would choose yes. Although the situation is now the green candle is moving but this may not last long until it reaches the price of $75,000.Sometimes I have the thought that passing the price of $75,000 is still too soon after the halving even though the situation is very difficult to predict.
By the way, I enjoy sharing Bitcoin price speculation since the beginning of the month every month while waiting for the new ATH.
I don't vote in my own polls... Yeah no bs. But if I were to vote, I think I'd vote yes. I mean look at the monthly chart below. It was down for April but then it's up for May and it almost made up for the red candle for April.
And not just that, BTC is prolly due for a pump. All sideways action with no signs that it's going bear mode means it's gonna trend up. At least that's want I think. Lol.
And not just that, BTC is prolly due for a pump. All sideways action with no signs that it's going bear mode means it's gonna trend up. At least that's want I think. Lol.
I've also considered the chart and market sentiment relating from what we had in April to what the month of May seems to offer, this is going to be more of seeing the market going bullish in this month and I presume that the market will break to a new all time high above $73,000 and later dumps a little bit below $70,000 before or by the month end, there could be other contrary speculations regarding this, but from what I've already perceived from the weekly candle and market sentiment of recent, we are going more bullish this time.
Lol... Nah. I don't wanna skew the poll. And I really want to know what you guys think and how you guys feel about the market at the start of any given month.
And the results have been mixed so far. There were months when the voters were getting it right. That was when the market was either trending up or trending down. But at markets with a lot of chop like what we're having right now, it's a little bit harder to predict.
I don't wanna skew the poll. And I really want to know what you guys think and how you guys feel about the market at the start of any given month. And the results have been mixed so far. There were months when the voters were getting it right. That was when the market was either trending up or trending down. But at markets with a lot of chop like what we're having right now, it's a little bit harder to predict.
Mate is right you owe us two days, three for me though!!
Yeah I didn’t bother checking my old predictions because I know was bullish then. I am still bullish this month though.
If you look at the last two months we have been more of ranging or consolidating as people call it, every major rise is followed immediately my heavy dump and vice versa. This to me was as a result of bitcoin hitting a peak way before the halving and the correction has been persistent like bearish periods but with the recents news towards the ending of may like the inflation reduction and also the ETH ETF approval i see using getting back up in bulls. You could see that recent news reporting institutions like Garyscale and Blackrock (currently the highest holder of bitcoin as per Institutions) are buying after some few periods of sales, this are bullish fundamentals and I think we might see the $75k broken this month or we continue ranging with $65k been my strongest support at the moment
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