Bitcoin (BTC) Faces Potential Adjustment in August Cointelegraph analysis suggests Bitcoin may experience a correction in August. This potential adjustment stems from the dwindling buying pressure exerted by retail investors. Retail Exhaustion Could Fuel Altcoin Rally Bitwise analyst Max Shannon highlights a historical pattern: as Bitcoin's retail-driven momentum wanes, capital tends to flow into altcoins. With retail interest in altcoins growing, the Bitcoin-centric bullish sentiment shows signs of fatigue. Altseason on the Horizon? The depletion of Bitcoin retail buying power implies a shift in capital allocation towards alternative cryptocurrencies. This sets the stage for a potential "altseason," where altcoins outperform Bitcoin in the market. Investors should monitor market trends to capitalize on emerging opportunities in the altcoin space. ```