Yesterday, Strategy (ex-microstrategy) bought 705 BTC for $ 75.1 million, its smallest purchase in 11 weeks. Continuous accumulation for the company led by Michael Saylor. It now has 580,955 bitcoins. In parallel, the BTC course has just recorded a red candle in weekly. After a very positive month of May, will the course be able to continue its rise in June? We analyze the situation of bitcoin in the bulletin of the day!
The Bitcoin course stagnates around $ 105,000
Over the last 24 hours, the price of Bitcoin Stagne at the $ 105,000. BTC Fall of 3.3 % in one weekbut it remains up 10 % in a monthmore than 20 % in three months and 2.4 % in six months ::
| Pair | 1h | 24h | 7d | 1m | 3m | 6m |
|---|---|---|---|---|---|---|
 BTC/ETH |
-0.63% | -4.16% | -5.42% | -23.00% | 0.51% | 51.17% |
 BTC/USDT |
0.24% | 0.49% | -3.31% | 10.11% | 21.25% | 2.43% |
Bitcoin performance in the face of different pairs. Source : Coincheckup
BTC/ETH pair has seen red for a month. Indeed, the pair Fall of more than 4 % in 24 hoursof 5.4 % in one week and 23 % in a month. Ethereum finds colors, and the course could even come back to the height of the $ 3,000.
A complicated month of June to come for Bitcoin?
May ended with an increase in more than 10 % for Bitcoin. A performance that allowed him to exceed the last summit the start of the year, and to be able to consider an increase in the direction of $ 130,000. Thus, the BTC continues a second month in a row in the positiveafter a month of April which had already offered an increase in 14 % ::
Historically, June is not a particularly favorable month to Bitcoin. With Six fences in the red And Six in the green Since 2013, the average performance is -0.4 %. Consequently, the next few weeks could greatly depend on developments concerning customs tariffsand decisions of Fed about his rates. Will the BTC succeed in chaining with a third month in the positive? Let’s look at the technical situation of Bitcoin in 4 hours.
The BTC price blocks against $ 106,000
Bitcoin course Fall from the top around $ 112,000. The trend has been to the advantage of bears for several days, but these are the buyers who are generally hand For several weeks:
To review theAth located at $ 112,000buyers will have to succeed in breaking the Resistance at $ 106,000. Because if the course blocks around $ 106,000he could fall towards the Support at $ 102,000. THE RSI is downward For several days. These are the sellers who have hands on the momentum in 4 hours.
The price of Bitcoin starts June over $ 100,000, but historically, it is one of the worst months of the year. To avoid a downward scenario, the BTC should be able to return beyond $ 106,000. The recent fall in the BTC affected altcoins because all crypto sectors are in the red in the last seven days.