
Post
Md Mamun Reza
August 14 is the next date to have on your radar for $BTC.
This time of year has a history of producing bigger moves. Out of the last 10 times around this date, $BTC closed lower 8 times. The one exception was the most recent cycle, when it rallied about 6 percent off that day.
That is why the narrative going into it matters more than usual. If the market is leaning bearish into August 14, the setup usually favors looking for long entries. If it is leaning bullish, the better play has been to look for shorts. In other words, fade the crowd around this window.
Given that pattern, a move down toward $60K would not be a surprise. In fact, based on how this date has played out historically, it looks more likely than not.
#BigTechEarningsWatch #BigTechEarningsWatch $SNDK #KoreaETFVolDown90
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