HELLO JUNE OF WONDERS!https://www.talkimg.com/images/2023/06/15/AxORo.jpegJune 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.
I also don't think June will look like a sideway as bitcoin prices tend to fall and test new support. $24k has been support in the last 24 hours although currently the price has bounced slightly above $25k.
But ultimately I think June will also show some upside to counter the FUD that's going on. The SEC is urged to protect investors rather than drown them with its attacks on Binance and other exchanges, so the impact is bound to diminish gradually. So from that some other positives should also support the upside although I can't expect any bullishness in the near term.
The June is fast in recovery. Bitcoin doesn't want to settle long below 25k and that is why it had to bounce back with 24hrs from 24k to 26k. That is a decent shortest term movement and I believe some people benefited from it.
Talking about SEC being able to secure and protect people's investment and not to do otherwise. Sec is only interested in the interests of bond and stock investors, while they are in daily war with exchanges in determination of security coins.