What will happen to crypto in August — are we expecting growth or correction?
“Is a correction coming soon?” — What will happen to crypto in August
August is traditionally considered an unstable month for the crypto market. Many traders have already taken positions and are waiting for a correction. Why?
🔸 Seasonality: historically, August often brings pullbacks after summer growth
🔸 Profit taking: BTC and altcoins have risen well, investors may start to take profits
🔸 Uncertainty with macro: Powell, interest rates, inflation data — all of this can swing the market
But! There are projects that show strength despite corrections: TON, SOL, SUI, BNB — they are interesting to institutions and may rise even during a Bitcoin pullback.
Are you expecting a dump or are you buying at the highs? Write your forecast in the comments👇