Is it truly a month of downturn, or is this perception based on anecdotal ?
You just have to look at Bitcoin's previous history,
https://www.coinglass.com/todayYear 2020, halving year, you can see that in June, we have a slight decreased in price at around -3%.
So it might be history repeating itself again, for all we know. Nevertheless, you don't need to panic as you need to look at the long term, or at least at the end of this month as I think we might be in a big run in the last quarter of the year.
Thank you for the pictorial explanation that made it easier for all to see. I have always had the feeling that certain months do have their market sentiment, as we witnessed in the last quarters of last year where is is believed that Bitcoin performs better than the early part of the year. Nevertheless, there is no need of being worried for those whose intention is to hold longer because I do not see the retracement as something that will last long and even if it does, it is still a beautiful opportunity to buy more Bitcoin. I know that as we enter the second half of this year, the sentiment will drastically change just as we had in 2020.