Post
Topic
Board Speculation
Re: Is June a Downturn for the Crypto Market?
by
GigaBit
on 17/06/2024, 16:03:32 UTC
Is it truly a month of downturn, or is this perception based on anecdotal ?
According to monthly return data, June is not green but red. The image can be seen in one of the posts showing it.

For those who stay in the long term, this downturn will be used to add volume to the wallet. They will always be happy with market conditions experiencing a decline like this. I can say that people who buy Bitcoin in this month not only for the long term can get good returns when the price moves upwards again.
It is never understood when the crypto market changes its pace and nature. It was thought that the market might move better in June than the previous month but it didn't happen rather the market lost its value. The prices of many coins have dropped significantly. In this situation, some are considering this bearish situation as an opportunity, while many are getting disappointed. For those who are disappointed, just say that this is not permanent so wait patiently. The market is down in June but may turn up again in July. Those who are observing the market situation are taking advantage of this bearishness and making their holding hands stronger.