The Bitcoin June dip is back on investors’ radar as historical patterns suggest that June could once again be a bearish month for BTC. Analysts note that since 2013, Bitcoin has posted negative June returns in 50% of all years — and four out of the last five years ended with losses.
The most dramatic drop occurred in June 2022, when BTC fell by 37.28%. This year, with volatility low and market activity subdued, analysts are warning of a potential 3–7% correction, which could send Bitcoin’s price toward the $96,843 level.
Historical Patterns: Not to Be Ignored?
Bitcoin’s historical performance in June has been notoriously weak, and this year might follow the same path. One reason? Lower trading volume, attributed to reduced trader engagement and market-maker vacation cycles.
“Historical patterns are useful, but don’t rely on them too heavily,” one trader noted. “Macro events and real-world catalysts are far more important today.”
Still, the data presents a consistent seasonal signal: June often lacks bullish momentum, especially when there’s no major external driver.
Bitcoin Price Targets and Support Zones
As of writing, Bitcoin is trading at approximately $103,570, having declined more than 1.5% in 24 hours and 4.4% over the past week. Analysts expect short-term price action to remain sluggish, with potential dips toward $96K if market weakness persists.
The Relative Strength Index (RSI) has dropped to 38.36, which indicates weak buyer interest and approaches oversold territory. Though not yet below 30, the RSI suggests further downside room.
July Could Reverse the Trend
While the Bitcoin June dip may lead to short-term pain, market watchers are optimistic about a July rebound. Seasonal momentum tends to shift upward mid-summer, and some analysts expect BTC to recover and potentially surpass $110,000 next month.
“Any dip in June could be a buying opportunity,” analysts suggest, especially if July resumes a bullish trajectory.