GhostMonth
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đ¨ Ghost Month 2025 hits in 4 days (Aug 23 - Sep 21), tied to the Chinese lunar calendarâs 7th month, seen as unlucky. Asian traders often go quiet, slashing demand & triggering price drops. đ Bitcoinâs crashed 15-40% during this time for 7 yrs running. No guarantee, but the patternâs real. Donât just âbuy the dip.â Stay sharp, spot the bottom, & plan entries wisely. đĄ #CryptoTrading #GhostMonth #Bitcoin $BTC
đ¨ Bitcoin Traders Absorb Dips, but âGhost Monthâ Could Extend Woes đ¨
đ Market Snapshot:
Bitcoin ($BTC ) has been under pressure, hovering around $117K, after facing notable dips this week. Traders are absorbing losses, but seasonal factors could prolong market challenges.
đť Why âGhost Monthâ Matters:
In Asia, the âGhost Monthâ (Aug 23 â Sept 21 this year) traditionally sees reduced trading activity. Investors tend to avoid risky moves during this period, creating a temporary market slowdown. Historically, Bitcoin has dropped 21.7% on average during this time, with steep declines in 2017 (-39.8%) and 2021 (-23%).
đš Signs of Strength:
US spot demand is rising, signaling confidence among American traders.
Korean market premiums (Kimchi Premium) remain positive, showing buying interest.
Stablecoin inflows via $USDC (~$3.88B) indicate capital is ready for deployment.
Short-term holders (STHs) are not rushing to sell, reducing immediate selling pressure.
â ď¸ Market Implications:
Despite absorbing dips, Bitcoin could face further downside, potentially testing $110Kâ$115K if seasonal patterns repeat. Traders should stay cautious but watch for opportunistic buying signals.
đĄ Audience Takeaway:
Traders: Consider risk management and avoid panic selling.
Investors: Seasonal patterns can create buying opportunities.
Crypto enthusiasts: Monitor US and Korean market inflows for short-term trends.
đ Summary:
This news is neutral-to-cautiously negativeâdips are being absorbed, but seasonal weakness could extend volatility. Smart traders can leverage this period for strategic entry points.
đ #bitcoin #cryptotrading #ghostmonth #BTC #InvestSmart
đ Market Snapshot:
Bitcoin ($BTC ) has been under pressure, hovering around $117K, after facing notable dips this week. Traders are absorbing losses, but seasonal factors could prolong market challenges.
đť Why âGhost Monthâ Matters:
In Asia, the âGhost Monthâ (Aug 23 â Sept 21 this year) traditionally sees reduced trading activity. Investors tend to avoid risky moves during this period, creating a temporary market slowdown. Historically, Bitcoin has dropped 21.7% on average during this time, with steep declines in 2017 (-39.8%) and 2021 (-23%).
đš Signs of Strength:
US spot demand is rising, signaling confidence among American traders.
Korean market premiums (Kimchi Premium) remain positive, showing buying interest.
Stablecoin inflows via $USDC (~$3.88B) indicate capital is ready for deployment.
Short-term holders (STHs) are not rushing to sell, reducing immediate selling pressure.
â ď¸ Market Implications:
Despite absorbing dips, Bitcoin could face further downside, potentially testing $110Kâ$115K if seasonal patterns repeat. Traders should stay cautious but watch for opportunistic buying signals.
đĄ Audience Takeaway:
Traders: Consider risk management and avoid panic selling.
Investors: Seasonal patterns can create buying opportunities.
Crypto enthusiasts: Monitor US and Korean market inflows for short-term trends.
đ Summary:
This news is neutral-to-cautiously negativeâdips are being absorbed, but seasonal weakness could extend volatility. Smart traders can leverage this period for strategic entry points.
đ #bitcoin #cryptotrading #ghostmonth #BTC #InvestSmart
**đĽ BTC Under Pressure â My Take on the âGhost Monthâ Drop**
Bitcoin just slipped below **\$117K**, marking its steepest pullback in weeks. Historically, âGhost Monthâ often brings weak market sentiment, and some analysts are eyeing a possible drop toward **\$105K**.
From what Iâm seeing, the fear is real â but so is the quiet accumulation. On-chain data shows rising spot demand from US and Korean buyers, which could mean smart money is treating this as an opportunity, not a threat.
Personally, Iâm watching the \$115Kâ\$112K zone closely. If buyers step in strong there, we might see a rebound before month-end. Until then, risk management is key.
#Bitcoin #BTC #CryptoMarket #GhostMonth #BuyTheDip
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Bitcoin just slipped below **\$117K**, marking its steepest pullback in weeks. Historically, âGhost Monthâ often brings weak market sentiment, and some analysts are eyeing a possible drop toward **\$105K**.
From what Iâm seeing, the fear is real â but so is the quiet accumulation. On-chain data shows rising spot demand from US and Korean buyers, which could mean smart money is treating this as an opportunity, not a threat.
Personally, Iâm watching the \$115Kâ\$112K zone closely. If buyers step in strong there, we might see a rebound before month-end. Until then, risk management is key.
#Bitcoin #BTC #CryptoMarket #GhostMonth #BuyTheDip
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Prepare your self where getting closer for the month of ghost.
Big investors and businessmen tend to avoid August because most of them believe it will affect their finances in the long run. This means the stock market is usually down during Ghost Month. Take this opportunity to buy stocks for cheap, so you can sell them for a bigger profit once the next month rolls over
#Binance55thProject(IO) #BnbAth #TopCoinsJune2024 #ghostmonth
Big investors and businessmen tend to avoid August because most of them believe it will affect their finances in the long run. This means the stock market is usually down during Ghost Month. Take this opportunity to buy stocks for cheap, so you can sell them for a bigger profit once the next month rolls over
#Binance55thProject(IO) #BnbAth #TopCoinsJune2024 #ghostmonth
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