Topic: What are your bitcoin May/June price analysis? - page 4. (Read 888 times)
I think the third quarter of this year will be a key moment to determine whether the crypto market can sustain the price increases experienced in the first quarter. The main question for the third quarter is whether there will be more Fed monetary policy. We hope to at least provide some stability whereby Bitcoin does not suffer too sharp a correction in the third quarter of this year.
quite confused with the current crypto market situation, on the one hand it is getting closer to bullish and on the other hand the current SEC issue is starting to live again. I don't know if this is true or not, maybe this is the reason why bitcoin price has so far stuck below $30k. with this I speculate that in the near future the price of bitcoin will be stuck between $ 25k - $ 30k.
The price might stay on this level for a while until we start the second half of the year,
The price is very attractive, and if you have extra better to buy now the good coins. The bull market will come back later this year, and I'm very bullish with this because halving is very near and that is where the hype begins again. Stay patience and hold more, the market will grow more so wait for it.
The price is very attractive, and if you have extra better to buy now the good coins. The bull market will come back later this year, and I'm very bullish with this because halving is very near and that is where the hype begins again. Stay patience and hold more, the market will grow more so wait for it.
Yes, of course, now instead of waiting for the bullish time to come, you should now add their assets, considering that there will be a very large bullish opportunity later, and now considering that the market is also still under $ 30k, which is the highest quantity so far this year. and hopefully soon the price will continue to move above $ 30k in this june at least.
I Think bitcoin will touch down 35k$ at the end of june this was my prediction and i believe that at the end of the year bitcoin will go up above the previous ATH on year 2021 this is just a prediction but the possibility is very big since we already experience 30k$ price the bull run will surely start very soon.
Unfortunately, by the time you posted this, we haven't seen the SEC vs Binance drama. And now that we have that, in 24 hours after the news, the price goes down to $25,700.But it seems that we have bounce back, 5% from the initial drop and it's good to see the price going back to it's norm at $27k. Or at least that is the price before the price went on the downside. But we shall see, lots of weeks for June to accomplished that $35k prediction of yours. Historically though, June seems to be a bad month, so I wouldn't be surprised if we continue to do sideways for this month.
June usually more positive and green comparing to may. 
Not actually, from the infographic provided above you can see that in the year 2013 and 2017, bitcoin did a major breakthrough in the month of May and not June. Considering the sidekick movement of bitcoin in the month of May, it is expected that bitcoin will do better in June but not to break the $30k resistance. Even if ut does, it will not glory for long before it will fall blow again.
I would love to see your infographic capture the first 5 months of bitcoin this year, it think it will give a better insight.
As it is bitcoin price is going down and if the price is continuingly going down till the last week of June then the downturn price will enter into July. In the month of May the price was coming down to 27k$ and sometimes it climb to 28k$ but it was basically on 26k$ and 27k$ but now it has come down to 25k$ and it still coming down. So the way I look this month the price will not appreciated and it will still depreciate.
There are a few events like the Hong Kong launch on June 1st, the unemployment numbers and the CPI and the fed rate.
Depending how the employment looks and how CPI performs we might have some volatility. Basically everyone is expecting softening of the employment and inflation. If they come in hot then we might be in for a ride.
I vote for a slightly bullish June however.
China officially removes its ban on cryptocurrencies tomorrow. I think this is bullish news. After China banned cryptocurrencies, the market started falling. I think that when they remove the ban, the market may start to rise again. China, like the US, has a lot of capital that can get into the market. I expect June to be a start for the bulls. There was a correction in May, now it's time to rise again.Depending how the employment looks and how CPI performs we might have some volatility. Basically everyone is expecting softening of the employment and inflation. If they come in hot then we might be in for a ride.
I vote for a slightly bullish June however.
May might be a correction month for the cryptos but it's not a big deal since it's only 1 month but the bullish period that we will attain is going to be a long one this time.
I believe what regulators can do to impact BTC's price negatively they will do, and the only chance for Bitcoin is to find a way to keep rising on this scenario, absorbing those negative impacts somehow.
At the beginning of June, the Bitcoin price really looks very bearish,
even though before this I was really optimistic that Bitcoin could be above $ 30k before July and could increase again after that,
but I don't know, hopefully this dump is just a correction for Bitcoin.
Calm yourself and keep yourself from panicking. The most likely thing after a quick dump is for the market to recover. Now see how the market is moving to recover after yesterday the bitcoin price was dumped in a ridiculous panic - so keep calm and be optimistic about the future.even though before this I was really optimistic that Bitcoin could be above $ 30k before July and could increase again after that,
but I don't know, hopefully this dump is just a correction for Bitcoin.
Even in June $30k may not be reached - but rest assured $30k will be reached in the next month or maybe the next. Trust me - the halving that will occur in 2024 will greatly support your current investment plans especially if you are expecting returns in the long term.
At the beginning of June, the Bitcoin price really looks very bearish,
even though before this I was really optimistic that Bitcoin could be above $ 30k before July and could increase again after that,
but I don't know, hopefully this dump is just a correction for Bitcoin.
to reach a price of 30k or even higher is very possible but all that takes time.
if you have known Bitcoin for a long time you should be happy with the current Bearish because it is the right time to buy and has a very high probability of increasing in the future.
for this June, I think the price of Bitcoin will tend to be stable, either increasing or decreasing, it won't happen significantly.
At the beginning of June, the Bitcoin price really looks very bearish,
even though before this I was really optimistic that Bitcoin could be above $ 30k before July and could increase again after that,
but I don't know, hopefully this dump is just a correction for Bitcoin.
Hopefully there won't be so many bad news to drag the price down constantly because that is the only thing from my observation that mostly determine the price movement. Lets hope no Fed News On CZ and binance this June 
Perhaps the big whales have already had their fill with the past low price hence their won't be any price manipulations so that the market can begin to show some signs of up trend.
Whales never rest, even if they have bought in the previous dip, they will still have their fair share in manipulating the market and buying some more, after all, who doesn't like discounts? Since they always have huge capital and are never out of money, they keep buying as soon as the price is down and they bring it down themselves when they feel like buying more. Perhaps the big whales have already had their fill with the past low price hence their won't be any price manipulations so that the market can begin to show some signs of up trend.
About bad news, there are always chances for some news around the cryptocurrency market, we can only hope and pray that none of the news is negative for the short term so that the market starts to gain some momentum and start preparing for the long-anticipated bull run.
Quote from: rhodelmabanal
I Think bitcoin will touch down 35k$ at the end of june this was my prediction and i believe that at the end of the year bitcoin will go up above the previous ATH on year 2021 this is just a prediction but the possibility is very big since we already experience 30k$ price the bull run will surely start very soon.
I agree with you mate, based on what investors are experiencing from the market this year 2023 showed that the price of Bitcoin will increase higher to a level were short and long term investors will begin to supply their Bitcoin to the market to make massive income. Since the price of Bitcoin reached $30,000 before it dump to $26,000 few hours ago made investors to have confidence on their prediction, that this year will not be like last year 2022 because there is a hope that the price of Bitcoin will hit back $40,000 before the end of this year. I believe investors can still make it in this season, if they can continue hodling till the bullish season appear in the market before they can sell and smile.
Very simple phrase is fair for BTC as well which is go away in May come back past Labor day. Look at the chart above for collated monthly gains and you can see the numerical justification for that centuries old saying now. For whatever reason free markets for generations have not especially favored resolution or large movement over summer. To a lesser extent volume tends to be light into year end also which can cause ironic effects. In 2008 summer I can remember we had logged a 20% fall but without absolute knowledge of the wider problem, the market actually rose strongly into Autumn and we know how bad the autumn storms were that year.
BTC can move giant amounts but comparatively this year I'll watch but not expect too much till at least Oct area of trading.
BTC can move giant amounts but comparatively this year I'll watch but not expect too much till at least Oct area of trading.
There are a few events like the Hong Kong launch on June 1st, the unemployment numbers and the CPI and the fed rate.
Depending how the employment looks and how CPI performs we might have some volatility. Basically everyone is expecting softening of the employment and inflation. If they come in hot then we might be in for a ride.
I vote for a slightly bullish June however.
China officially removes its ban on cryptocurrencies tomorrow. I think this is bullish news. After China banned cryptocurrencies, the market started falling. I think that when they remove the ban, the market may start to rise again. China, like the US, has a lot of capital that can get into the market. I expect June to be a start for the bulls. There was a correction in May, now it's time to rise again.Depending how the employment looks and how CPI performs we might have some volatility. Basically everyone is expecting softening of the employment and inflation. If they come in hot then we might be in for a ride.
I vote for a slightly bullish June however.
May might be a correction month for the cryptos but it's not a big deal since it's only 1 month but the bullish period that we will attain is going to be a long one this time.
Hopefully there won't be so many bad news to drag the price down constantly because that is the only thing from my observation that mostly determine the price movement. Lets hope no Fed News On CZ and binance this June
Perhaps the big whales have already had their fill with the past low price hence their won't be any price manipulations so that the market can begin to show some signs of up trend.
While you can expect influencers and whales to move the market, don't rely too much on them. Do your own analysis of your investment plan - it's much better to do it now. After all, you should also be prepared for the potential down price that may continue throughout June and you should manage your own risk instead of expecting someone else to do something for you. I'm tend to think minor correction could extend into June, but maybe not to test the $25k or $24k support. Perhaps the big whales have already had their fill with the past low price hence their won't be any price manipulations so that the market can begin to show some signs of up trend.
Hopefully there won't be so many bad news to drag the price down constantly because that is the only thing from my observation that mostly determine the price movement. Lets hope no Fed News On CZ and binance this June
Perhaps the big whales have already had their fill with the past low price hence their won't be any price manipulations so that the market can begin to show some signs of up trend.
Perhaps the big whales have already had their fill with the past low price hence their won't be any price manipulations so that the market can begin to show some signs of up trend.
in June I think Bitcoin has the potential to reach $ 30k to $ 35k because the bitcoin support price at $ 25k is not broken,
especially a while ago on Twitter I also saw a tweet from someone who said that Q3 Bitcoin will reach $ 50k,
and yes from that I believe and make my own analysis and the result is $ 35k in June hopefully achieved.
especially a while ago on Twitter I also saw a tweet from someone who said that Q3 Bitcoin will reach $ 50k,
and yes from that I believe and make my own analysis and the result is $ 35k in June hopefully achieved.
(.....)
So what are your bitcoin second quarter of 2023 market analyses, let discussed.
So what are your bitcoin second quarter of 2023 market analyses, let discussed.
For me, I am bearish short term here especially this month of June, as you can see that last month, when we touched $30,000 and dump below on it, after that Bitcoin tried to go back to $30,000 but it so difficult, we just do sideways $26,000 - $27,000.
For me, I'm not expecting $30,000 this June, I'm bearish just this month, I'm hoping to see $25,000. And my buying zone is below that price.
Im surprised too see why we are below 30k while spx is pumping up so hard already. Maybe bitcoin is just waiting for a perfect timing to go up like 3-4k$ pump in a single day.
Nevertheless, Im optimistic for the whole rest of the year from here on (considering the weekly 200/50 ma action).
Nevertheless, Im optimistic for the whole rest of the year from here on (considering the weekly 200/50 ma action).
I Think bitcoin will touch down 35k$ at the end of june this was my prediction and i believe that at the end of the year bitcoin will go up above the previous ATH on year 2021 this is just a prediction but the possibility is very big since we already experience 30k$ price the bull run will surely start very soon.
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