Bitcoin Has Closed Red 8 of the Last 11 Augusts — Here’s What Breaks the Streak
This post was originally published on this site
July closed below the monthly pivots, and that single close takes the macro-low call off the table — for now. So I went and pulled every August since 2015 and split them into winners and losers to see what the month actually does.
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Eric Krown is a former NYSE ARCA options market maker with 15+ years of experience. This channel delivers daily Bitcoin and macro market analysis using a systematic five-layer framework: Trend, Volatility, Structure, Momentum, and Risk — the same methodology used on the trading floor. No hype. Data-driven analysis with proof of trade.
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0:00 Why July’s close killed the macro-low call
1:23 Scenario A and Scenario B
2:09 My position: short the $66.5K calls
2:51 Eleven Augusts of Bitcoin data
5:49 What prediction markets are pricing
6:18 The technical case: divergence, EMAs, momentum