The Bitcoin price prediction for June was bullish but the market was inert after the attempted breakout past $70k.
has gained close to 3.6% from the lows of Friday the 31st of May. Back then, the king of crypto was trading just above the $67k support level and showed little bullish momentum.
However, despite the price’s range breakout, the OBV was resolutely within a range. It was at the lows from April, which was a concerning development. Conversely, the CMF jumped above +0.05 to highlight significant capital inflows. The volume indicators opposed each other’s findings. The lack of trading volume meant the Bitcoin price prediction is consolidation around the $70k region for this week, or even longer.
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