August is the worst-performing month in Bitcoin’s $BTC -year history. Over the past 13 years, Bitcoin has fallen 8 times and risen 5 times. The median return rate is -6.99%, the only negative figure among all months.
The “July rises, August falls” curse has long been believed. After July’s gains, some funds may reduce positions or cash out, waiting for the Federal Reserve’s decision to be implemented again on September 17.
If the upcoming data releases such as Non-Farm Payrolls and CPI turn out worse than expected, Bitcoin may slide toward $40,000–$46,000; “7月涨，8月跌”魔咒会再现吗？BTC是“5”OR“4”开头？
This month, keep an eye on these dates: August 7, 12, 19, 26, and 28. Before the storm hits, fasten your seatbelt.
The “July rises, August falls” curse has long been believed. After July’s gains, some funds may reduce positions or cash out, waiting for the Federal Reserve’s decision to be implemented again on September 17.
If the upcoming data releases such as Non-Farm Payrolls and CPI turn out worse than expected, Bitcoin may slide toward $40,000–$46,000; “7月涨，8月跌”魔咒会再现吗？BTC是“5”OR“4”开头？
This month, keep an eye on these dates: August 7, 12, 19, 26, and 28. Before the storm hits, fasten your seatbelt.