Since 2013, Bitcoin has had six positive junia and six negative Junia.
In the medium and long term, bydist expectations for Bitcoin continue.
The price of Bitcoin (BTC) is positioned at the time of this wording about $ 105,000. The digital currency shows relative strength above $ 100,000, which raises bullish expectations.
In the following graph, provided by TrainingViewit is observed How Bitcoin’s price has behaved since January 1 of the current year:
For Willy Woo, professional trader and market analyst, BTC is highly likely to go to the $ 118,000 zone in the next few days. Iván Paz Chain, CEO of Trading Different, explained that this price zone has high liquidity, which makes it easier for Bitcoin to address there.
According to the market analyst, Rachael Lucas, “if Bitcoin manages to stay above the range of 103,000 to 105,000 dollars, there is room for a new impulse towards $ 115,000.” Instead, this projection It would be canceled with a fall below $ 103,000. For Lucas, such a situation “could open the door to a deeper correction, with price objectives in the range of 93,000 to $ 97,000.”
According to the story, June is a “neutral” month for Bitcoin. Since 2013, there have been six Junios who ended up with positive returns and six Junia that ended with negative returns. Therefore, statistics do not help too much to make predictions (unlike what happens with months like February or October).
Such price behavior is evidenced in the following table, provided by the platform Coinglass:
The truth is that, beyond technical analysis or historical statistics issues, Bitcoin will greatly be impacted by macroeconomic level issues. The development of “Tariff war” That US President Donald Trump has unleashed against the world It impacts greatly on BTC. When there are indications of international economic agreements, Bitcoin’s price goes up. Instead, Bitcoin tends to fall when negotiations do not march well and/or recruit economic tensions.
In addition, the climbing in the war conflict between Russia and Ukrainewith New attacks Drawing during the weekend, they add some extra tension to the analysis. In the past, as registered in cryptootic publications, the intensification of military operations in the world has negatively impacted Bitcoin.
And, to all this, the rumors are never added. While these lines are written, The idea (not confirmed) circulates in X that Jerome Powell, president of the United States Federal Reserve, would resign this week and that the Trump government would take advantage of the situation to promote the acceleration of cuts in interest rates (the next decision on interest rates will be taken on June 18). If such a thing happened, it would effectively be bite for Bitcoin and cryptocurrencies because investors prefer a low interest rates, which translates into “cheap money” and an injection of liquidity to the market.
Bitcoin’s upward foundations are still intact
Said all this … What can we expect for Bitcoin in June? Although the data does not allow predicting very certainly if it will end up being a bearish or bullish month, it can be said that There are days of high volatility.
But, If something characterizes Bitcoin, it is its rapid recovery capacity. This has been demonstrated, for example, during the Covid-19 pandemic in 2020 or, more recently, when the United States tariffs were implemented to imports. While in both cases BTC had a considerable fall, the recovery was rapid. And, on this occasion, the recovery will be fast again. There are solid foundations to sustain such hypothesis.
First, because Bitcoin is no longer an asset that someone can qualify as “marginal”. Its integration to the global financial system has accelerated with the approval of Bitcoin quoted funds (ETF) in cash in regulated markets such as the American. This has facilitated entry to large institutional capitals. And when the big capitals enter, they also do it with shopping strategies in setbacks, which offers an increasingly firm floor at the price.
In second place, The halving last April is already beginning to show its effects. As it happens every four years, the reduction in half of the reward for a mining block structurally contracts the supply of new bitcoin in the market. With a growing or stable demand, pressure on prices is naturally bullish. Historically, the 6-12 months after a halving have been the ones that mark the most acceleration phase in Bitcoin’s upward cycles.
Another key point: the global liquidity context is changing. Cryptootics has shown that The world monetary mass is in historical maximumswhich causes a devaluation of Fíat money and a migration to reserve assets (among which Bitcoin and gold stand out).
Nor can the Sustained growth of direct institutional investment (not only through ETF) in Bitcoin. Great assets of assets, banks and traded companies have begun to incorporate BTC into their treasury. This trend injects a structural demand and long term that supports the bullish movements. Unlike previous cycles, where the prominence was mainly retail, today Bitcoin has an unprecedented institutional support, which acts as a shock absorber against the volatility and recovery engine in bearish scenarios.
Therefore, even in uncertainty scenarios such as the current one, each fall represents an entry opportunity for new actors who seek to protect against monetary erosion and political fluctuations. So yes: Bitcoin can correct, it can be shaken, but it does it as a spring. AND The more it compresses it, the stronger bouncing.
Discharge of responsibility: The views and opinions expressed in this article belong to its author and do not necessarily reflect those of cryptootics. The author’s opinion is informatively and under no circumstances constitutes an investment recommendation or financial advice.
