Technically I think bitcoin is going to go down a little before pushing it ways back to $8500 resistance area. I have understood that June is always a favourable month but that is going to depend how far the current bearish market will last. I think we should not hesitate to buy now as the professionals are doing the same thing.
All we can do is to hope for the good and expecting a better market conditions as we are in danger zone these days it is actually the price which put us in fear but we should remember that it is a market favorable for long term so we should stay calm in the market like a duck and paddle like a crazy underneath. The market f our desire will come soon this year as the market low price is attracting people to invest.