Original archived Re: Crypto trading
Scraped on 16/06/2025, 20:39:44 UTC
With a price of105k it can retest to 95k by next month.
I thought so too about the price falling to $95k but didn't realize that there was a very large imbalance on the daily chart time period which was created on the 25th of may and that's exactly where price started to push up from on the 5th of June. Maybe this month could even cause Bitcoin to reach another all time high with the trend movement and if the possibility of getting to a new high is strong, I think it's going to get to $115k.
Bitcoin is currently at 108k now when I thought the news could make Bitcoin depreciate a little before continuing the bull run. Is like the price of Bitcoin is going to hit a new high looking at how the momentum has been gradually moving forward even during the attack of Israel against Iran.
So many shits are going on and I like the fact that Bitcoin is not ranging due to the horrific news.
Throughout the month of June, I don't think the price of Bitcoin will go as little as 95k because there is no support there unless the war between Israel and Iran escalate more affecting the price of cryptocurrency market in general. If anything happened that makes investors to dump Bitcoin due to the result of this war, it's going to have huge effect on Bitcoin.