So July monthly chart is looking pretty good imho. It's up a tad over 8% and the chart looks nice. But it looks like there was some month end shenanigans going on as some guys decided it was a good time to sell down. It's really weird timing. 
So yeah... What do you guys think of August? Is it gonna be green again or will BTC take a break for a bit and close red?
~snip graph~
So yeah... What do you guys think of August? Is it gonna be green again or will BTC take a break for a bit and close red?
~snip graph~
So...
As I recal... august is historically a weak month and I believe this pattern will likely repeat itself in 2025... in fact, the chart you posted already reveals this: a slowdown and weakening in buy orders.
Perhaps corporate inflows via ETFs will help to maintain values... we still has BlackRock, Fidelity and others who are investing tens of billions in crypto weekly.... So I think only they could stem the decline, which is also fueled by the strong selloff by miners.
I'd love to have an optimistic outlook, but I believe in stabilization at best, perhaps a price drop.
If it drops, I'll buy! But for now I'm confident in investing in Bitcoin.
Maybe... Am I wrong?