Topic: BTC Sentiment Poll for June - page 5. (Read 926 times)

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

After a long period of waiting between 60k and 70k, Bitcoin price will move towards a bull market. And it is highly likely that Bitcoin price will reach 100K by the end of this year 2024, because the peak bull run season is next in 2025. 
So it is very likely that Bitcoin price will stay at least between $120k to $160k during this bull season. It is certainly normal for Bitcoin to rise from June, especially if it wants to reach such a high price, and I think Bitcoin will rise very soon.

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.

Bitcoin price hit $70K at the beginning of this June, Bitcoin price is currently in a slight downward trend but wait for the next bull run to start. Now the current price of Bitcoin is $68950 Now if the Bitcoin market starts to grow from here then surely it won't take much time to reach $100k. Because if the Bitcoin market breaks past records, the price of Bitcoin will hit the highest level.

youhave the right to vote mate because you are also speculating from your investment here so why deny yourself from being contributor?

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 

the graph this time looks promising , lets see what comes now since we are at the first week .

I just voted that Bitcoin would hit $75,000 this month. I was one of those who voted against it hitting higher targets last month not minding the fact that it was the next month after halving. My reason was reasonable enough, and truly, Bitcoin never hit its ATH last month not to mention moving higher than that. My trading chart talks well to me, so thanks to it despite the view of others against it. The chart always guides me aright and with what I currently see on the market chart, I think that hitting the ATH again at about $73,850 is nearing day by day as the level is getting more exposed and the barrier is getting weaker day after day.

As of today, the market is again fully bullish in trend in all the short-term, medium-term and long-term dispositions, so what do you expect? And if Bitcoin could hit and break the current ATH, it would only take it less than $1,200 to hit the $75,000 set for this June on this thread/poll, so, it is feasible to say that it will hit the level this month. And for the fact that the daily chart has so much good news of holding above the strong MagicTrend support at $65,505 and 1D Fibo support level of 23.6% at $66,800, the significant bullish impact is lurking this month, so we should all expect Bitcoin to hit higher levels before the end the month.

I voted for No, unfortunately. I don't see the price going to break $75k this month, as I'm looking at the past historical halving logs. In 2020, there was a slight downtrend in the month of June, around -3.18%.

So if the past trend continues, then we could be just around $66k in June or lower.

But the following months we will be in an uptrend. Let's see how it goes though, it's just a small percentage and not that big so nothing to worry this month. At least there is still a good time to buy for us.

If there was an option to vote for 0% Change - Sideways action I would vote for it.

There is very little movement for bitcoin lately. It’s trading is similar to how Bitcoin trades in August, however it’s still June and it’s not the heavy vacation months such as July and August. It’s becoming boring to trade basically.

Same with other currencies like ETH and SOL. Besides that ETF pump, not much happened right after. Just trading everyday like it was a weekend.

I am quite pessimistic that Bitcoin can pass 75k this month, because if we look at current market movements, we are in a sideways position and that will probably persist in the next few weeks and there is no reliable news this month. But that's not certain either, because if the price breaks 73k, which is the resistance point, then Bitcoin could most likely go to 75k as predicted - but maybe breaking 73k is not easy enough.

It's about time the actual halving effect that only starts AFTER the halving to show up and lead to the rise. After all the supply has decreased (supply meaning the new coins being created and sold in the market) by 50%.

The only problem I see is the recession in most of the countries that is creating that sell pressure preventing this rise. But that can only go on for so long before the people liquidating their bitcoins run out of coins to sell...

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.

Over the past few months, the green candle in Bitcoin can be maintained, periodically increasing the price of Bitcoin. Bitcoin price is going to improve gradually but in the first phase Bitcoin price will stay between 85k dollar and 85k dollar, maybe a small bear market after that. Since then, the price of Bitcoin will reach 100k dollar again, thus the price of Bitcoin will continue to improve gradually.

We're going up already. While stock markets are likely to go down and the election is approaching, I think more and more people are aware of BTC existence and people are buying.

And the Halving I think is going to take effect already since more and more institutions are getting into ETFs. We might be hitting $80k and then another dip for a bit and then resume the bull market again.

I'll go with the more explained post of STT here. Breakout is imminent, I refuse to believe the post-halving momentum won't take place this cycle -- regardless of what happened pre -- but I still think it's too soon. I have a feeling, and yes, feelings are like opinions and aholes, but the November US elections are going to play into market sentiment big time. Whether that's a purge or an influx, the real action happens after that.

I am thinking if new ATH happens before that, it's October. Bulls are going to want to end the year on a high with the final quarter.

And it just popped over $70k in the last few hours and its back to $69k.

For a June, to pass $75k and break out from there has to be on the cards for this
month. I'm sure there is growing demand and growing buy pressure at this stage after
all the expectations of both the ETF approvals and the Halving so these if they
manifest will surely drive the market upwards.

The potential to break out of that price is there although I am still hesitant. For my decision at this time, I choose to say yes to the poll.
First I want to explain a little bit why I see the potential to reach the $75k price because the distance between the $73.7k price and the current price is very close even though it is currently moving to the $70k price.
If in 2 weeks the price is still around the $70k range, then I am sure the June close will be above.

The monthly chart for June will be better than the last month's chart, May.

There is a chance but Im going to be the pessimist and say I will continue to expect an autumn schedule to occur until Iam disproved.   I dont especially like guessing, the evidence so far says range bound or fenced in.

I will change my mind when we both confidently break those barriers and then confirm this area as support to build on not restrain us as a ceiling.   We look for trends on any graph because they can give some better estimate of what may occur even while anything at all can happen in the world.

    We have resistance, we have support and we are stuck between for months now; its going to take volume to leap that fence and thats why I presume Autumn  we find a greater volume of trading across the whole range of markets.  Why its been this way for centuries I cant say exactly but Im just the little guy I go on what the record shows is most probable like the seasons themselves.

https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp

https://otiumag.com/sell-in-may-go-away-10-year-look-back/


Nothing about the BTC chart is disappointing, the question is a new high and I expect consolidation as an ironic positive afaik.

This month ended before the Bitcoin price peaked in May, but today is the 3rd day of June. It is very likely that the Bitcoin price will peak this June, as the Bitcoin price is likely to increase since the Bitcoin halving took place. But the past price could not cross, maybe this June the bitcoin price will be more likely to start a bull run. Bitcoin price is very likely to touch $80k this June.

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.

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.