Exclusive June 2024 report: Memecoin trading tactics, BTC July forecast

Bitcoin fell below $60,000 for the first time since 3 May on 24 June. It seems the market had entered the fear zone without capitulation.  

At $61,156, 84.38% of BTC investors are profitable and 14.31% are losing. In fact, some maximalists believe the bottom is in and the king coin will rise.  

Bitcoin's short-term rise may not be possible, according to AMBCrypto's June exclusive report. BTC will struggle to break $70,000 in July. The paper analysed the king coin's future using measurements and data.  

Most trading sessions in June were profitable for memecoin traders, unlike Bitcoin investors.

AMBCrypto surveyed 7,259 memecoin investors worldwide to learn their winning techniques. As expected, the survey results were enlightening.  

Over half (53%) of traders buy tiny amounts of many coins hoping for a large payoff. More careful (43.5%) investors investigate coins before investing.  

In June, AMBCrypto discovered Dogecoin to be the most popular memecoin. Large Holders Netflow on 25 June was -293.66%, indicating that outflows outweighed inflows in the past 30 days. This is bullish and suggests a comeback.  

AMBCrypto examined DeFi, gaming tokens, and AI tokens beyond memecoins. NFTs were its most surprise discovery.  

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