BTC Price Prediction for June 9th 2022

Will Bitcoin retest $50000 or crash to $30000?

May 4, 2022
bitcoin price prediction june 9 2022

Bitcoin just dropped about 22% in the last few weeks, with every dip comes buying opportunities. The big question right now is price of bitcoin continue dropping to a new support level or will it break resistance and continue upward to retest $50000?

Our analysis for Bitcoin price before end of June 9th, Bitcoin is still moving within falling wedge, it has a strong resistance at $40000 and there is 10% probability of the price breaking wedge and retest $50000.

Our analysis predicts bitcoin will break falling wedge with 60% probability. price will retest $30000 support, this is a good opportunity to DCA your holding.

This article is not financial advice, please do your own research

The Dow Jones just dropped about thousand points last Friday, and we have seen ApeCoin pump and dump action recently.

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