🚨 August was supposedly the Bitcoin killer—this year’s August has been the best since 2017. BTC closed the month up around +24%, despite historically being the most negative month (median ~–7%). It rose from a low of ~$63K to over $81K and is now consolidating between $77K–$78.5K. The 9-day ETF inflow streak has ended, and Jackson Hole slightly cooled inflationary expectations. Institutional perspective: The real story is the seasonal anomaly. Those who only saw the squeeze missed the structural point: large capital accumulated during a traditionally weak month. Now, the key question is whether $77K holds as a new floor—or if this move was merely a relief rally. Do you still believe in the old August curse? #Bitcoin #BTC #Institutional #Macro #ETF #Crypto
Dariusz KowalczykShare
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