Maybe the very fact that banks would be allowed to custody bitcoin caused some OGs to sell?
After all, they were not "regular people", but rather folks with strongly held "individualistic" bias.

Additionally, there will be probably accusatory speeches this week (together with positive ones, no doubt).
Sell the news a few hours before the news?

Overall, August is typically slightly bearish, followed by even more slightly bearish September, then bullish for the rest of the year.
It might play out just like that.

Maybe the very fact that banks would be allowed to custody bitcoin caused some OGs to sell?
After all, they were not "regular people", but rather folks with strongly held "individualistic" bias.

Additionally, there will be probably accusatory speeches this week (together with positive ones, no doubt).