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#PI# The Bitcoin market in June is gradually unfolding, and the market trend may experience several key turning points. Here are my personal observations for your reference.
The first turning point may occur on June 14 (coincidentally, this is Trump's birthday).
On this day, Bitcoin is likely to experience a surge in price, accompanied by a significant increase in trading volume, which appears to show strong momentum. However, it is important to note that this surge may be a temporary phenomenon, followed by a rapid correction. Particularly for the currently popular MEME coins, the decline could be more pronounced, and this impact is expected to last from June 14 to June 19.
By June 19-20, market sentiment may stabilize, and the Bitcoin price could fluctuate within a low range. Either it will maintain a horizontal consolidation, or it will start a tentative rebound after reaching a temporary bottom. This period can be seen as a transitional phase for market adjustment.
After June 21, the Bitcoin market is likely to enter a period of high volatility, making it difficult to accurately determine the direction of the trend. At this time, there may be a lot of complex information affecting the market, whether it is the movements of institutional investors or changes in regulatory policies, both of which could have a significant impact on market sentiment.
This is just a personal analysis and reflection on market trends. I suggest that readers view it rationally and not over-interpret. The market changes rapidly, and the final direction must be flexibly judged based on actual conditions.