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Key Disruption
BTC is struggled with the weak ethf inflaws and macro flour. Ech’s “dip” dip “dip” call of rallie, but lacks strong confirmation, making a risky bet.
Eric Trump just told the followers to “Buy the dip“” But should I have someone really pay attention?
Timing-wise, it is interesting. Their call landed as Bitcoin [BTC] Nuke below $ 117k- $ 120k Chop Chop, printing a drawing of 3.76% Clean% in the last three daily candles.
But zoom to the monthly card, and august success rate is not large.
A month lost with rare outliers
BTC has been red in 60% of the last 12 Augusts. Is typically a post-runoff month, often fading lady force As the depth of the offer increases by major.
Source: Coinglass
Says, a key divergence stops the nearest inspection.
In 2013, 2017, and 2021, BTC RUpta Rumpgio Gourgio august. The common edge? All were the post-halving years.
VENEAN: Vignande
These are cycles where Issue FELL 50%, and furniture on the side of the side.
STRUCTURE, that means less BTC that is making it on time when the devils often turns backwards. In that context, it is called eric trump
Could BTC of August Grade Halving years?
The Named Crypto of History, Eric Trump have been caught or miss.
Case on a point: February 25. Its Tweet landed as BTC was the basic-building at approximately $ 90k, and the price express 6.6% higher for the next four sessions.
But the left left of follow up. The moment he frightened fast, and btc rid of tough, dumping $ 77k in a single week as fellows fellows flow million in length length.
Source: TradingView (BTC / USDT)
At the top of that, etfs btc stamped his worst quarterly spilling still, about $ 800 million outside the door. That’s the greatest blooded since February devil, when the streams of the flows of $ 1 billion.
Macro does not help. Unlike the previous cots, this is blaned by the sticky work fee, and clarity zero on a pivot fed, dragging the general risk appetite.
As a result, $ 120k form as a local top. With weaknesses and Pressure macro buildingThe solace of increase usually unlikely, make Eric Trump’s crew “Buy the dip” Call a risky bet.
