Bitcoin Rebounded in July, but Bears Target an August Pullback
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July echoed historical patterns with BTC showing a repeat move, but past performance does not guarantee future results. August has historically been weak for Bitcoin, especially over the last four Augusts, highlighting downside risk for crypto markets and BTC price outlook.
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We will begin with the mandatory disclaimer, as we are well aware that historical performance does not guarantee similar moves in the future. However, history does tend to rhyme, and that’s what happened in July for BTC.
The question is: will August follow suit, as the month has not been kind to the largest cryptocurrency, especially the last four editions.
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Coins
$ 62.44K
-0.95%
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In This News
Coins
$ 62.44K
-0.95%$ 0.0017
Predictions Markets
See what traders are focused on
Share:
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