Bitcoin started June with a decline of about -3.82% 📉
Historically, June tends to be one of $BTC ’s weaker months, but seasonality alone doesn’t determine the overall trend.
Key factors to watch right now include: • ETF inflows and outflows
• overall liquidity conditions
• macroeconomic sentiment
• BTC’s ability to hold important support levels
If buying pressure returns later this month, market confidence could improve fairly quickly.
At the moment, sentiment looks more cautious than strongly bearish.
The coming weeks will likely determine whether this is just short-term weakness or the beginning of a broader consolidation phase.