logo

Analysis: Over the past decade, Bitcoin has only seen price increases in August for three years, potentially entering a consolidation phase due to seasonal disturbances.

By: theblockbeats.news|2025/07/28 07:52:13

BlockBeats News, July 28th: Matrixport's analysis stated, "A month ago, based on contrarian seasonal analysis, we suggested that Bitcoin was expected to rise to $116,000, and now this prediction has been validated by the market. The current market sentiment is gradually turning optimistic, and this week will usher in a series of key events: intensive disclosure of U.S. stock earnings reports, delayed release of the White House's digital asset report, and the Federal Reserve interest rate decision, which may become a new round of catalysts driving market volatility."


However, historical data shows that August and September have historically been relatively weak months for Bitcoin performance. Over the past decade, the average return rate in August has been close to zero, with only three years recording gains. Therefore, many traders often choose to lock in profits at this stage. Although we still maintain a bullish outlook for the year, considering seasonal disturbances, the market may face a tactical consolidation period in the short term."

The H100 Group has raised approximately $114 million in total for its Bitcoin reserve strategy.
A whale increased their ETH holdings with an average price of $3,916, acquiring 2,415 ETH.

You may also like

Share
copy

Gainers

Latest Crypto News

01:15

CZ Denies Rumor: Jackie Chan to Portray CZ in Netflix Documentary Biopic <em>Crypto Kingpin</em> is Fake News

01:15

In the past 24 hours, the total net liquidation across all platforms was $368 million, with the primary liquidated positions being short.

01:15

Federal Reserve's Kashkari: While AI Does Have Practical Use Cases, Cryptocurrency Space Does Not

01:15

SlowMist Warning: Some users' Monad airdrop is hijacked to hacker's address

01:15

Multicoin Capital has once again purchased 61,637 AAVE tokens today, worth $10.94 million.

Read more
Community
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MMbd@weex.com

VIP Servicessupport@weex.com