🚨 Eric Trump says: “Buy the dip” — but is it really the play right now? 🤔
$BTC just broke below the $117K–$120K zone, sliding 📉 3.76% in 3 days. Historically, August hasn’t been kind — 60% of the last 12 have been red, often fading July’s strength.
Yes, there’s a twist: in 2013, 2017, 2021 (all post-halving years) August delivered 🔥 double-digit gains. Supply was tighter, risk appetite returned. But… 2025 isn’t shaping up the same.
❌ BTC ETFs just had ~$800M in outflows — worst quarter since Feb.
❌ Macro headwinds: tariffs, sticky labor data, no Fed pivot in sight.
❌ $120K is looking like a local top with weak inflows.
Eric’s track record? 🎯 Mixed. His Feb “buy” call saw a quick +6.6% pop… then BTC dumped $77K in a week.
So, should you follow? IMO — not financial advice 😉 — this dip might not be the one to load heavy. Wait for stronger confirmation before swinging big.