Quote from: DanWalker on August 03, 2025, 05:33:04 AM

Quote from: GreatArkansas on August 02, 2025, 12:10:08 AM

-snip-

Many people rely on history and say that August is not a good month for bitcoin, and based on the chart 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.

You could be right, and if we also pay attention to the table, we can predict that even if it's going green, the increase won't be very significant. Only in August 2013 and 2017 did Bitcoin experience increases of tens of percent, while the rest were only slightly higher.
Overall, even without taking into account the August halving, Bitcoin hasn't moved very well. So it's understandable if some think Bitcoin will also be in the red this month. However, I can understand that after such a good performance in July, there will be a correction this month.