Important collection restaurants
BTC is struggling with weak ETF entry and macro opposite. Eric Trump’s “DIP” call Echos Halve annual statements, but lacks a strong confirmation, making it a risky gamble.
Eric Trump just told followers’Buy the dip“But does anyone really have to pay attention?
In terms of timing it is interesting. His call lands well as Bitcoin [BTC] Nukes under $ 117k $ 120k Hakzone, which prints a clean marking of 3.76% compared to the last three daily candles.
But zooming out on the monthly graph and the hit level of Augustus is not great.
A losing month with rare bijters
BTC is red in 60% of the last 12 August. It is usually a post-runoff month, which often fades the power of July As a bidding depth, Majors takes.
Source: Coinglass
That said, an important divergence distinguishes itself on closer inspection.
In 2013, 2017 and 2021, BTC tore double digits in August. The common thread? They were all post-calculating years.
Source: Glassnode
These are cycles Issue Fell 50%and overhanging overhangs of the offer.
Structurally, this means that less BTC touches the tape at a time when risky appetite often turns back. In that context, Eric Trump’s call is more than just speculation?
Could BTC’s Augustus Spiegel be previous halving years?
Historically, Eric Trump’s crypto calls have been hit or missed.
An example: February 25. Are tweet Then BTC was based on the accumulation of around $ 90k and the price crowded per 6.6% higher in the next four sessions.
But the movement was missing. Momentum faded quickly and BTC turned hard, dumped $ 77k in a few week while traps of liquidations rinsed millions in livered lungs.
Source: TradingView (BTC/USDT)
In addition, BTC ETFs have printed them Worst quarterly flow Yet around $ 800 million out. That is the biggest bleeding since the settlement of February, when the outflow crossed $ 1 billion.
Macro does not help either. Unlike earlier cycles, it is clouded by tariff overhang, sticky labor prints and zero clarity on a fed Pivot, which drags the overall risky appetite.
Consequently, $ 120k is claimed as a local top. With weak intake and macrop pressure structure, the usual postal reversal August Squeeze looks unlikely, making Eric Trump the “buy the dip” a risky bet.