💸 Bitcoin’s Green August
Bitcoin closed August up 25.1%, from $62,794 to $78,545. It was the first green August during a bear market and the 3rd-best August in Bitcoin’s history.
A short squeeze drove the move. Monthly liquidations reached $12.65 billion, including $5.8 billion from Aug 17-21. Aug 19 saw $2.7 billion in short liquidations, the biggest single day on record.
July and August both closed green. Historically, September has closed red every time that has happened.
✔️ @venture
💸 Bitcoin’s Green August Bitcoin closed August up 25.
Venture Capital
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