Noorr

08/04 03:01

Could BTC’s August mirror previous halving years?

Could BTC’s August mirror previous halving years?

Historically, Eric Trump’s crypto calls have been hit or miss.

Case in point: The 25th of February. His tweet landed as BTC was base-building around $90k, and the price squeezed 6.6% higher over the next four sessions.

But the move lacked follow-through. Momentum faded fast, and BTC reversed hard, dumping $77k in a single week as cascading liquidations flushed millions in leveraged longs.BTCUSD_2025-08-03_14-11-22-768x340.pngOn top of that, BTC ETFs printed their worst quarterly outflows yet, roughly $800 million out the door. That’s the biggest bleed since February’s unwind, when outflows crossed $1 billion.

Macro’s not helping either. Unlike previous cycles, this one’s clouded by tariff overhang, sticky labor prints, and zero clarity on a Fed pivot, dragging on overall risk appetite.

Consequently, $120k is shaping up as a local top. With weak inflows and macro pressure building, the usual post-halving August squeeze looks unlikely, making Eric Trump’s “buy the dip” call a risky bet

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