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.
The most anticipated sentiment is a bearish market in this month as everyone believes that August is usually bearish but looking at the chart now, it is clear that the years which its August has been bullish is the years which comes right after the halving year, historically this is a very good indicator of a bullish month because bitcoin even though it is unpredictable as definitely been following historical trends than any analysis used for it.
Also bitcoin trend this year has been very much taking similar trend to that of 2017 and this has even made people to actually think that it is going to be more of same trend till the end and if it is base on this analysis Then it is going to be a very bullish August then and as such my prediction will also be aligning here with a bullish sentiment then,