Check this simple table that shows the price of Bitcoin per month since 2011; you can see the average percentage and median.
Seems the month of August is not a friend of Bitcoin, but there are some years that Bitcoin is doing good during this month, so for me, nothing to worry. It seems we are just doing correct after doing good in previous months.
Seems the month of August is not a friend of Bitcoin, but there are some years that Bitcoin is doing good during this month, so for me, nothing to worry. It seems we are just doing correct after doing good in previous months.
Many people rely on history and say that August is not a good month for bitcoin, and based on the chart that is not entirely wrong, but you and they are missing something quite important. If you pay attention, you will see that in August 2013, 2017, 2021, that is 1 year after halving, bitcoin price is always green. That means if you believe in history and think it will repeat itself, August 2025 will be the green month because 2024 is when the halving will take place.
August this year could be a good month for bitcoin.