$BTC could end August green… and that’s exactly why I’m paying close attention to September. 👀
The history here is quite interesting: every green August in this sample has been followed by a decline in September.
The average pullback is around 5.9%.
Most interestingly, such a correction after a strong monthly move seems entirely logical even without invoking mystical historical cycles.
But the market owes nobody anything.
If $BTC decides to rewrite the statistics again — bulls will get another reason to celebrate.
If not — September may quickly remind us that after acceleration, sometimes comes deceleration. 📉
