Bitcoin (BTC) faces August headwinds again, with prices dipping toward the $110K zone after a sharp sell-off at the start of the month. MicroStrategy’s Michael Saylor says a further drop to $95K–$90K would be “a gift to strong hands.”

Historically, August has delivered average BTC losses of ~8%, with years like 2014, 2015, and 2023 seeing double-digit drops. This year, macroeconomic uncertainty and a cooling US labor market are adding pressure.

Saylor remains unfazed: “If Bitcoin hits $90K, I’m buying more — it’s a long-term game.”

With market sentiment shaky, traders are watching for key support zones and potential whale accumulation. Could August’s pain set up September’s gain? 📉➡📈

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