A report from "10x Research" warned of a slowdown in Bitcoin momentum as opposing seasonal winds approach, indicating the possibility of the price dropping to support levels at $112,000 or lower during the expected volatility phase.

Key points:
- Bitcoin is trading below $120,000 with declining cash flows and weak seasonal indicators.
- August is historically the worst month for Bitcoin, recording losses of 5-20% in most years.
- The slowdown in capital flows for the network (30 days) from 62.4 billion Dollar to 59.3 billion Dollar, indicating a correction phase.
- The report predicts a downward breach of 117,000 Dollar, with potential support at 112,000 Dollar or 106,000-110,000 Dollar.
- The only optimism lies in the fact that the years following the "halving" (, such as 2013, 2017, and 2021), witnessed exceptional gains in August, which may be repeated in 2025.A report from "10x Research" warned of a slowdown in Bitcoin momentum as opposing seasonal winds approach, indicating the possibility of the price dropping to support levels at $112,000 or lower during the expected volatility phase.

Key points:
- Bitcoin is trading below $120,000 with declining cash flows and weak seasonal indicators.
- August is historically the worst month for Bitcoin, recording losses of 5-20% in most years.
- The slowdown in capital flows for the network (30 days) from 62.4 billion Dollar to 59.3 billion Dollar, indicating a correction phase.
- The report predicts a downward breach of 117,000 Dollar, with potential support at 112,000 Dollar or 106,000-110,000 Dollar.
- The only optimism lies in the fact that the years following the "halving" (, such as 2013, 2017, and 2021), witnessed exceptional gains in August, which may be repeated in 2025.