{"id":316275,"date":"2025-08-04T04:34:13","date_gmt":"2025-08-04T04:34:13","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/316275\/"},"modified":"2025-08-04T04:34:13","modified_gmt":"2025-08-04T04:34:13","slug":"buy-bitcoins-dip-says-eric-trump-but-is-it-the-right-time","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/316275\/","title":{"rendered":"&#8216;Buy Bitcoin&#8217;s dip,&#8217; says Eric Trump \u2013 But is it the right time?"},"content":{"rendered":"<p>\t\t\t\t\t\t\t\t<strong>Key Takeaways<\/strong><\/p>\n<p>BTC is struggling with weak ETF inflows and macro headwinds. Eric Trump\u2019s \u201cdip\u201d call echoes halving-year rallies but lacks strong confirmation, making it a risky bet.<\/p>\n<p>Eric Trump just told followers to \u201c<a href=\"https:\/\/x.com\/EricTrump\/status\/1951573731664367766?t=cOJNTMNEoIRYv0GSrYMBVg&amp;s=19\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">buy the dip<\/a>,\u201d but should anyone really be paying attention?\u00a0<\/p>\n<p>Timing-wise, it\u2019s interesting. His call lands right as <a href=\"https:\/\/ambcrypto.com\/predictions\/bitcoin-price-prediction\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Bitcoin [BTC]<\/a> nukes below the $117k-$120k chop zone, printing a clean 3.76% drawdown over the last three daily candles.<\/p>\n<p>But zoom out to the monthly chart, and August\u2019s hit rate isn\u2019t great.<\/p>\n<p><strong>A losing month with rare outliers<\/strong><\/p>\n<p>BTC\u2019s been red in 60% of the last 12 Augusts. It\u2019s typically a post-runoff month, often fading July\u2019s strength as bid depth thins out across majors.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-03-133505.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-515994\" class=\"wp-image-515994 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Bitcoin \" width=\"1366\" height=\"822\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-03-133505.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-515994\" class=\"wp-caption-text\">Source: CoinGlass<\/p>\n<p>That said, one key divergence stands out on closer inspection.<\/p>\n<p>In 2013, 2017, and 2021, BTC ripped double-digit gains in August. The common thread? All were post-halving years.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/glassnode-studio_btc-issuance.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-516062\" class=\"wp-image-516062 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"3200\" height=\"1800\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/glassnode-studio_btc-issuance.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-516062\" class=\"wp-caption-text\">Source: Glassnode<\/p>\n<p>These are cycles where <a href=\"https:\/\/studio.glassnode.com\/charts\/supply.Issued?a=BTC&amp;chartStyle=column&amp;s=1751610160&amp;u=1754202160&amp;zoom=30\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">Issuance<\/a> fell 50%, and supply-side overhangs thin out.<\/p>\n<p>Structurally, that means less BTC hitting the tape at a time when risk appetite often rotates back in. In that context, is Eric Trump\u2019s call more than just speculation?<\/p>\n<p><strong>Could BTC\u2019s August mirror previous halving years?<\/strong><\/p>\n<p data-start=\"100\" data-end=\"307\">Historically, Eric Trump\u2019s crypto calls have been hit or miss.<\/p>\n<p data-start=\"100\" data-end=\"307\">Case in point: The 25th of February. His <a href=\"https:\/\/x.com\/EricTrump\/status\/1894371171736408116\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">tweet<\/a> landed as BTC was base-building around $90k, and the price squeezed 6.6% higher over the next four sessions.<\/p>\n<p data-start=\"309\" data-end=\"552\">But the move lacked follow-through. Momentum faded fast, and BTC reversed hard, dumping $77k in a single week as cascading liquidations flushed millions in leveraged longs.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/BTCUSD_2025-08-03_14-11-22.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-516023\" class=\"wp-image-516023 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"BTC\" width=\"1824\" height=\"808\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/BTCUSD_2025-08-03_14-11-22.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-516023\" class=\"wp-caption-text\">Source: TradingView (BTC\/USDT)<\/p>\n<p>On top of that, BTC ETFs printed their <a href=\"https:\/\/farside.co.uk\/bitcoin-etf-flow-all-data\/\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">worst quarterly outflows<\/a> yet, roughly $800 million out the door. That\u2019s the biggest bleed since February\u2019s unwind, when outflows crossed $1 billion.<\/p>\n<p>Macro\u2019s not helping either. Unlike previous cycles, this one\u2019s clouded by tariff overhang, sticky labor prints, and zero clarity on a Fed pivot, dragging on overall risk appetite.<\/p>\n<p>Consequently, $120k is shaping up as a local top. With weak inflows and <a href=\"https:\/\/ambcrypto.com\/powells-rate-cut-pause-puts-bitcoins-price-on-hold-is-the-rally-over\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">macro pressure building<\/a>, the usual post-halving August squeeze looks unlikely, making Eric Trump\u2019s \u201cbuy the dip\u201d call a risky bet.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\tNext: <a href=\"https:\/\/ambcrypto.com\/volatility-ahead-for-conflux-can-cfx-explode-past-0-23-resistance\/\" rel=\"prev noopener\" data-wpel-link=\"internal\" target=\"_blank\">Volatility ahead for Conflux: Can CFX explode past $0.23 resistance?<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Key Takeaways BTC is struggling with weak ETF inflows and macro headwinds. Eric Trump\u2019s \u201cdip\u201d call echoes halving-year&hellip;\n","protected":false},"author":2,"featured_media":316276,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[52,51,16,15],"class_list":{"0":"post-316275","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114968635868102746","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/316275","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=316275"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/316275\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/316276"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=316275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=316275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=316275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}