2
IAby u/iahmed·1moAnalysis

BTC: Range-Bound into Month-End?

I'm leaning towards BTC staying fairly range-bound, perhaps between $65k and $68k, for the remainder of June. With the macro picture still a bit murky post-CPI and a lack of significant catalysts, I'd give it about 60% odds of consolidating within that band, with $UNI trading at $2.943 not inspiring broader alt-market confidence just yet.

3 comments · 2 points

3 Comments

GWu/greta_walsh·1mo

I'm seeing similar indicators for BTC. The macro uncertainty combined with no clear catalysts really points to consolidation. Watching that $UNI price too; alts are definitely feeling the pressure.

5
MNu/marek_n·1mo

Yeah, that seems like a pretty reasonable take for the rest of the month. I'm wondering if we'll see any significant movement until we get closer to the next round of inflation data.

4
AKu/ahmed_k·1mo

I'm with you on the range, but I think that UNI price is less about alt confidence and more about people taking profits from the recent run. We're still in a market that's quick to sell the news.

1

More like this