? We can't know, Or the halving year, last time in 2020 it was up on august, but in 2024, it was down. So as you can see this chart is risky, dangerous, and could make you lose money and you should be careful with what you are doing about this.
It’s averaged, could be bearish or bullish but it’s mostly bearish same for September.. Could be different this time anyways but here’s my take..
Normally the 116.5~116.8 was suppose to be our bottom for last week but after it broke it, it means there was no buying force at that moment so it headed straight for the demand zone which was at 110.7 ~113.7k.. now it pumped a little but anything that takes us below 115k could takes us just down again to the DZ and maybe even more for September if the pressure force it downward below 110k then we could be talking about 106~99k(maybe more can’t say) for September ..So, we could just maintain the current DZ / pump to new ATHs or we could get more dips for more buys, doesn’t matter anyways just more time to stack up more cheap sats , I could be wrong though (DYOR:)).