Historical data suggests Bitcoin may struggle in the coming weeks, according to Lookonchain, which flagged August and September as Bitcoin’s worst-performing months over the past 12 years.
The on‑chain analytics platform reported that BTC prices fell in eight out of the past 12 August‑September periods, translating to a 67% probability of decline.
Bitcoin (BTC) is currently trading near $115,000, and the seasonal weakness raises caution among traders already bracing for macro headwinds, including Trump’s new tariffs and the Federal Reserve’s next policy decision.
Analysts say historical seasonality doesn’t guarantee future performance but often “shapes trader expectations” and can amplify market reactions to negative news.
