It is once again time for another update on the #Bitcoin bull market support band!
1 extracted signal · 1 resolved · 0 still active
Benjamin Cowen11 Aug 2025, 07:13 UTC
AI-generated source summary
The video provides a technical analysis of Bitcoin, referencing its price nearing all-time highs around $123,000. It discusses Bitcoin's monthly returns, particularly in post-halving years, noting a pattern of green returns in July and August followed by a potential pullback in September, consulting a chart of Bitcoin's monthly returns from 2010-2025. The analysis uses the Bitcoin bull market support band to suggest potential price movements, pointing out how Bitcoin tends to find a local top by the end of August, consults the bull market support band in September, and then moves into the market cycle peak. The analyst posits that if the historical pattern continues, Bitcoin could perform well for most of August, experience a pullback to the bull market support band (between $105,000 and $107,000) in September, and then rise into a market cycle peak.
AI-generated summary based on the source content.
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Benjamin Cowen
Tahlil Plus independently records and evaluates public market predictions. Extraction may be AI-assisted and results follow the Tahlil Plus methodology. This information is not financial advice.
