June isn't obeying anyone's predictions. I see no moon in June, I see no side movement in June. All I see I digging and digging down the well. June want to reach 20k and it is so determined. What will stop it from happening. Indeed, cryptocurrency is unpredictable.
With the beautiful performance of last two months, I really thought bitcoin will do more and hit 30k this month. Bit it seems the dream is dashed.
For almost 2 weeks Bitcoin is still in range $25k to $28k,
and at the end of this week bitcoin has not made any big movements it can be sure that it is sideways this month,
indeed the market looks boring and volatile for altcoins,
look at bitcoin only dropping -2% to -5% and altcoin prices are down up to -10% to -25%.
Not just for 2 weeks, we have been in this sideways training for months now if I'm not mistaken. At the start of May, the market we've experience price drop and then this pattern emerges. And with the negative news about SEC vs Binance, it continue to go down hard. In the last 24 hours, we have seen the price really dumping and at highs of $24,000. The good thing is that we have a good bounce back today, not sure why the reason of the sudden plunge in a day, like -2% very quick. But the price has recovered from where it was, currently at $25,600+ and we might go back to $26,000. And another positive news is that we were able to hold the support like of $25,000. Because if not, then obviously we might go down to $23,000.