Post
Topic
Board Speculation
Re: Is June a Downturn for the Crypto Market?
by
Falconer
on 21/06/2024, 21:38:57 UTC
-snip-
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.
I am not at all happy to reveal that the value of the assets I hold has fallen by 8% in the last month. This change indicates that there is a downtrend ongoing during that time frame, but it is definitely not a bad thing from an opportunity perspective. When the price drops lower, accumulation opportunities open up and this is an opportunity for anyone who is ready to add bitcoin to their portfolio.

For the last 30 days, my portfolio has been in the red zone. This is on the one hand unpleasant, in fact I am not sure if the market will recover towards the end of June. However, there is certainly a big hope for market recovery, this could happen at any time, although I actually estimate it at the beginning of July.