Analyst says Bitcoin will test $53,000 then $47,000 by July
Bitcoin stalls near $63k at a key resistance. VoidOnChain maps a drop to $53k–$47k before any rebound.
Bulls defend $60k after heavy selling. Price trades near $62,950 now. Selling hit for days. Bitcoin sits where past relief rallies failed.
Lower highs keep capping bounces. Rallies fade faster each time. Structure shows diminishing relief.
VoidOnChain’s roadmap stays bearish first. The chart shows a May rejection near $82k and a channel breakdown. Candles turned bearish after. Analyst expects a deeper test.
- Target $60k first per roadmap
- $53k next, possibly next week timing flagged here
- $47k by July as the flush low same source
- Rebound to $87k after correction projection on chart
- Extension to $151k by Jan 2027 longer-term call
Sentiment splits. Some accumulate the dip. Others expect one more leg down. Coinbase exec points to buyer interest. QCP sees bottom not confirmed.
Strategy bought 1,550 BTC from June 1–7. Ticket size $101.3m at $65,333 average. New buy disclosed here. That eased worries after its prior sale. Earlier sale spooked markets.
