btc

August and September are typically months of weaker performance for Bitcoin, and it may enter a strategic consolidation phase this week.

A month ago, a contrarian seasonal analysis predicted that Bitcoin was expected to rise to $116,000, and this assessment has now been validated by the market.

Current market sentiment is gradually turning optimistic, with several key events this week, including a flurry of earnings reports from U.S. stocks, the delayed release of the White House digital assets report, and the Federal Reserve's interest rate decision, which could become new catalysts for market volatility.

However, historical data shows that August and September are usually months of weaker performance for Bitcoin, with an average return close to zero in August over the past decade, and only three years recording an increase. Many traders tend to lock in profits during this phase; despite maintaining bullish expectations for the year, the short-term market may enter a tactical consolidation phase due to seasonal disturbances.