What's Your Take On It ?

[bounceback]

I have bad viewed in this month of June after bitcoin seems difficult break out to the higher price, its not good moment for me as holder bitcoin and some altcoin assets because most of downtrend than uptrend after bitcoin got crash and difficult break to higher price.
Its middle of June and the progress of market still not good yet after downtrend more dominance than uptrend.
Buy back is good ideas recently in this month wish on July has good moment recovery and market back to the top price give us opportunity taking profit with some altcoin and bitcoin holding.

[JoyMarsha]

The past two months have not been a positive month for bitcoin prices as most of us must have thought to see bitcoin comfortably scaling through to a price above $70k by now. It is surprising to see that bitcoin is heading sideways down between the price of $65k-$67k. However, any given price position "uptrend or downtrend" seems to be an opportunity for crypto investors to use it to their advantage, believing that whatever price they bought bitcoin, it will soar above the price before the end of this year, pushing them to profits.

[Hamza2424]

The past two months have not been a positive month for bitcoin prices as most of us must have thought to see bitcoin comfortably scaling through to a price above $70k by now. It is surprising to see that bitcoin is heading sideways down between the price of $65k-$67k. However, any given price position "uptrend or downtrend" seems to be an opportunity for crypto investors to use it to their advantage, believing that whatever price they bought bitcoin, it will soar above the price before the end of this year, pushing them to profits.

Haha, I won't say that the past few months were not good in the crypto market especially for Bitcoin, as you know there was a peak in March and due to profit booking pressure April was average and in May there was a good recovery and again we are repeating the tight range scenario and it will be gonna continue throughout the entire month.

I won't call June as the month of the downtrend it can be called the consolidating month with some good correction cycles, I'm hopeful for a good correction cycle by the end of the coming week, and from there we could be able to predict the next market move based on the developments in those days.

[Lucius]

My opinion is that you should not expect the price to go up significantly in the next few months, and maybe one of the more important reasons for that is that summer has started in the northern hemisphere and that many people will go on trips/vacations. Given that the majority of investors in BTC are from those parts of the world, we have a similar situation every year at this time.

Data for spot BTC ETFs (US) shows about $900 million outflow from the funds in the past 5 days, which is a clear indicator that investors are selling, and in addition, the news appeared that Germany is starting to sell BTC that they seized in the fight against illegal activities. Of course, this is already reflected in the price, but for me it is nothing strange for this time of year.

[armanda90]

The past two months have not been a positive month for bitcoin prices as most of us must have thought to see bitcoin comfortably scaling through to a price above $70k by now. It is surprising to see that bitcoin is heading sideways down between the price of $65k-$67k. However, any given price position "uptrend or downtrend" seems to be an opportunity for crypto investors to use it to their advantage, believing that whatever price they bought bitcoin, it will soar above the price before the end of this year, pushing them to profits.

Seems June is downtrend moment for bitcoin price how easily going down since break out above $72k and right now Bitcoin price down until $64k.
For me its good opportunity purchasing bitcoin few percent of our capital and keep save our capital around 50% waiting moment with bitcoin make new dip price.
Left one week of June, seems bitcoin will not get drastically up in this month or next month need eaiting will make recovery before the end of this year will bitcoin make new ath or keep decreasing until the end of this year.

[Hamza2424]

My opinion is that you should not expect the price to go up significantly in the next few months, and maybe one of the more important reasons for that is that summer has started in the northern hemisphere and that many people will go on trips/vacations. Given that the majority of investors in BTC are from those parts of the world, we have a similar situation every year at this time.

TBH, I'm not expecting much from the upcoming few months but yup there's always hope,I would like to accumulate with time, as you know there will be some good opportunities, in the consolidation period, Hmm from that point of view seems like Q2 is gonna boring for the Bitcoin.

The outflow of funds, hmm this is interesting because i haven't heard of any such news, anyway, this is not a big deal, I'm curious about China there were some rumors that they may manipulate things again that will be a big move in the market.

[Captain Corporate]

It has been a while now, and we can say that the market hasn't been that kind for the market to be fair. Not this month at least, and that happens sometimes it is fine, I do not think that we need to have bull months all the time, sometimes we have bear months and we just need to accept that fact and move on. Obviously it is not that great, and people do not like it when months are like this, but we have to just accept that it is not going to end up getting better every month. Hopefully, July will be better than June, so that we could see some recovery and the price gets higher, that would make people happier once again.

[pieppiep]

The past two months have not been a positive month for bitcoin prices as most of us must have thought to see bitcoin comfortably scaling through to a price above $70k by now. It is surprising to see that bitcoin is heading sideways down between the price of $65k-$67k. However, any given price position "uptrend or downtrend" seems to be an opportunity for crypto investors to use it to their advantage, believing that whatever price they bought bitcoin, it will soar above the price before the end of this year, pushing them to profits.

Seems June is downtrend moment for bitcoin price how easily going down since break out above $72k and right now Bitcoin price down until $64k.
For me its good opportunity purchasing bitcoin few percent of our capital and keep save our capital around 50% waiting moment with bitcoin make new dip price.
Left one week of June, seems bitcoin will not get drastically up in this month or next month need eaiting will make recovery before the end of this year will bitcoin make new ath or keep decreasing until the end of this year.

When we know that there is currently a downtrend, we make good use of this moment. Our decision to make a profit in Bitcoin depends on how we buy Bitcoin. If we buy at a price when it collapses like this then there is the potential to make a profit. Until the end of this year we will not be able to know how the Bitcoin price will move. The rise and fall of the Bitcoin price depends on the whales controlling the price.

[TomPluz]

When I am writing this reply the price of Bitcoin in CMC stood at $64,271.46 and I am seeing the big possibility of it slipping further down but not less than $60K I am sure. The lack of excitement in the market is leading to this doldrum performance for Bitcoin though one might say that is actually a little bit more stable this time...and of course if one is into DCA way of investing this is a good opportunity to buy more. In my analysis (though I am not good at it), the price range for the remaining days of June can be playing between $60K to $66K except if there can be a big impetus that can excite or shock the market. As for July, I think it will be more of the same just like June though I am hoping that eventually Bitcoin can go near the $70K zone but as what I said there must be some good stimulus for that...let's hope there will be more injections coming from the ETFs by next month. Still, we should be happy as Bitcoin is giving us a lot of time to take advantage of this lower-than-expected price at the moment.




 

[bitterguy28]

so what is your take in this topic mate? because the market is just making up and down for this whole year now favoring
those BuyLow SellHigh and that is what some makes money though
I am keeping my funds HODLing because I trust this market now as we are in Halving effect that for sure anytime this year
or early next year there will  be big time coming.

I think I have already mentioned something about my takes on this topic like if you see bitcoin is in now small dip it around 66k and I am a long term holder so obviously I am also holding in this price, and obviously I will avoid the FUDs and trying to add more adoption in my bitcoin holding with following the DCA method I made and also there is no question for selling Bitcoin in my case.

Well thats even better that you have a LONG TERM holding plans because i seem to find this market now going crazy
and there are less chance that we will be seeing any time hyping as there is no good news coming aside from we are in halving
season yet months after we are still stock in this part.

If we look back to the May month then the think we finds difference in between the June and may that the bullish market start in end of May month and here the June month starting with the Bullish market but now we are seeing market is recovering at the middle of June I think it can continue like one week and end of June we may see the bitcoin price crosses 70k again. So in this case I will say who did regular accumulation of bitcoin with DCA method they should spot and if they have plan for accumulate some they can take the chances now.

so what is your take in this topic mate? because the market is just making up and down for this whole year now favoring
those BuyLow SellHigh and that is what some makes money though
I am keeping my funds HODLing because I trust this market now as we are in Halving effect that for sure anytime this year
or early next year there will  be big time coming.

I've been waiting for weeks to reach the price at $63k where people don't believe that it should go back there before going up. Honestly, I'm not surprise if the price will continue to go deeper because imbalance is also a liquidity. When the price hit that area there is a possibility it will cause impulsive up move. As long as you didn't sell, you are still safe and will gain much in the future.

So you are prepared for the current decline, of course you also buy at a cheaper price.
I am also looking forward to this decline and I already expected there will be a decline and it is indeed needed for a good market, because there will be an increase after this and it could be higher.

I still have small amount waiting in my pocket now to buy more when the market drops to 60k or bellow .

That's good. Always buy when the price is cheaper. But we don't know how cheap will be the price before it goes up. That's why we should learn to analyze the market so that there will be a higher chance to catch the cheapest price. I don't want the price to go down but this is what I saw in the chart and I'm still looking forward for the big pump soon.

yups , I kept having at least enough amount in my USDT holding readying anytime the bitcoin price drops cheaper
and to add chunks in my bitcoin holdings.

[Lucius]

My opinion is that you should not expect the price to go up significantly in the next few months, and maybe one of the more important reasons for that is that summer has started in the northern hemisphere and that many people will go on trips/vacations. Given that the majority of investors in BTC are from those parts of the world, we have a similar situation every year at this time.

TBH, I'm not expecting much from the upcoming few months but yup there's always hope,I would like to accumulate with time, as you know there will be some good opportunities, in the consolidation period, Hmm from that point of view seems like Q2 is gonna boring for the Bitcoin.

Boring for some, for others who enjoy profit or for those who want to invest as cheaply as possible, maybe it's not so boring. I would wait for Q4 for some more serious action, although the rule is that there are no rules, everything is possible.

The outflow of funds, hmm this is interesting because i haven't heard of any such news, anyway, this is not a big deal, I'm curious about China there were some rumors that they may manipulate things again that will be a big move in the market.

How is that not something important? We owe the current price to the fact that ETFs have bought over 500k BTC since the beginning of the year, but every time they start selling without new inflows, the price goes down. I haven't heard anything about China other than the speculations that have been circulating for years - the only thing that happened was related to Hong Kong and their spot ETF, but the whole thing is pretty insignificant.

[Jamal Aezaz]

When we know that there is currently a downtrend, we make good use of this moment. Our decision to make a profit in Bitcoin depends on how we buy Bitcoin. If we buy at a price when it collapses like this then there is the potential to make a profit. Until the end of this year we will not be able to know how the Bitcoin price will move. The rise and fall of the Bitcoin price depends on the whales controlling the price.

Yes during the downtrend we should make good use of our money to buy bitcoin and other altcoins but unfortunately most of the people are unaware of this fact and they decide to sell their coin when they see that the market is going down.

Everything and every situation has its own function but if we think deeply about it without getting help from our emotions. Bitcoin will surely go higher and lower so it is not necessary that we will just experience bull season but we should also be ready for bear season as both are beneficial if we use our expertise and money according to the situation.

[armanda90]

Yes during the downtrend we should make good use of our money to buy bitcoin and other altcoins but unfortunately most of the people are unaware of this fact and they decide to sell their coin when they see that the market is going down.

Everything and every situation has its own function but if we think deeply about it without getting help from our emotions. Bitcoin will surely go higher and lower so it is not necessary that we will just experience bull season but we should also be ready for bear season as both are beneficial if we use our expertise and money according to the situation.

Keep manage well when purchasing bitcoin although on downtrend moment, not recommended all in our capital for investing in bitcoin or altcoin because after dip price always have another dip price.
So allocated around 40% right now during bitcoin on downtrend moment but keep hold your capital around 60% more preparation if bitcoin got decreasing drastically anytime.

I got bad moment when all in my capital after bitcoin price decreasing, but few days later bitcoin reach another lower price and get possibility I can invest on other lower price of bitcoin but all my capital have all in before.

[|MINER|]

Well thats even better that you have a LONG TERM holding plans because i seem to find this market now going crazy
and there are less chance that we will be seeing any time hyping as there is no good news coming aside from we are in halving
season yet months after we are still stock in this part.

I don't think market is going on crazy I think market is on its own way. And if I talking about this little dump then I had to say it is also a normal correction what bitcoin taking regularly. Like before this downish market we have already seen that Bitcoin cross 70k.
I think those who are doing long term investment with with DCA method those should have take this chance.

[Stompix]

TBH, I'm not expecting much from the upcoming few months but yup there's always hope,I would like to accumulate with time, as you know there will be some good opportunities, in the consolidation period, Hmm from that point of view seems like Q2 is gonna boring for the Bitcoin.

The problem is not the boringness but the thing that we had a ton of hyped events, even ordinals and runes still brought money to the table, all other hypes like meme coins and so on, and yet, despite even the real-world economy going better and talk of interest cuts we're not seeing that much positivity n the market, seems like fuel is running low.

The outflow of funds, hmm this is interesting because i haven't heard of any such news, anyway, this is not a big deal,

ETFs are what brought us to 70k, a rout there can bring us to under 50k also, they were for almost 6 months the one that mattered in the market, and if those guys investing there feel like selling there will be little buying sentiment anywhere else, don't underestimate that money flow.