The Splattening doesn't even cover it

anzha(55)
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#bitcoin
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Screen Shot 2018-08-04 at 7.53.38 AM.png

August is definitely here.

And going splat doesn't even cover it.

I was thinking $7k by Monday but it's pretty much here now.

Quick additional thought. These drops have been largely caused by whales dumping. Why they are dumping is the question. Need money for their august holiday?

Again, August is normally pretty brutal for bitcoin. This has been a cycle back at least 5 years. However, it could cause BTC to drop massively. Potentially all the way down to $2900 based on the past. I doubt that, but it is possible.

The Splattening doesn't even cover it | Ecency