So that new Trading and investment investors understand Bitcoin’s behavior...⬇️📈
The August cycle for Bitcoin is popularly known as the "August curse," due to an unfavorable seasonal pattern in which the cryptocurrency often shows sideways movement, low liquidity, or price corrections. Statistics show negative returns in most years.
Historical behavior
Weak month: CriptoTendencia platform records point to recent consecutive declines in August (from 2022 onward), with overall negative averages that hover between 3% and 10%.