$BTC

🌟📉 The August Curse on Bitcoin

Are we facing a strong correction this month?! 📉🌟

🔍 What is the August Curse?

The August Curse is a historical seasonal phenomenon, where the market usually experiences notable corrections and downturns in this month.

✅ Statistics from the past ten years show that most of the largest daily drops in Bitcoin occur between August 14 and 19, with a decline of up to 9.8% in some years!

📅 Why August?

Lack of liquidity due to summer holidays in America and Europe 🏖️

Profit-taking after the rise in the first half of the year 💰

The impact of speculators and increased volatility ⚡

The emergence of unexpected news affecting the market 🌪️

📊 Current situation of Bitcoin (August 11, 2025):

Price: around $120,000 💵

RSI indicators show strong buying momentum but not yet overbought (63) 📈

Moving averages support the upward trend, but there are signals for a slight correction soon ⚠️

⏳ Our expectations for the period from August 14 to 19

Peak correction between August 14 and 19, with a potential drop of 5% to 10%, bringing the price to $109,000 – $115,000.

After that, we expect a rebound and price stabilization if it maintains support at $110,000.