{"id":39857,"date":"2025-07-31T21:01:58","date_gmt":"2025-07-31T21:01:58","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=39857"},"modified":"2025-07-31T21:01:58","modified_gmt":"2025-07-31T21:01:58","slug":"bitcoins-momentum-is-losing-steam-as-seasonal-headwinds-loom-10x-research-says","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=39857","title":{"rendered":"Bitcoin\u2019s Momentum Is Losing Steam as Seasonal Headwinds Loom, 10x Research Says"},"content":{"rendered":"<div>\n<p>Bitcoin (BTC) has been trading in an excruciatingly tight range just below $120,000, but the rally is quickly losing momentum as the market enters what has historically been a soft month for the crypto, a report from 10x Research warned.<\/p>\n<p>August has been bitcoin&#8217;s weakest month over the past decade, with only three positive years and others delivering 5\u201320% losses, the report noted.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/25670b6cd544439144b9f540367351ec628d77d7-1287x711.png?auto=format\" alt=\"Bitcoin returns during August over the past 10 years (10x Research)\" title=\"Bitcoin returns during August over the past 10 years (10x Research)\"><\/p>\n<p>The report also flagged a slowdown in capital flows into the Bitcoin network, a key driver of price action this year. Total cumulative inflows into the network now exceed $1 trillion, with $206 billion arriving in 2025.<\/p>\n<p>But the 30\u2011day rolling average slipped from $62.4 billion to $59.3 billion, that could mark the start of a consolidation phase, the report said, mirroring past peaks in this metric like in Q1 and Q4 2024.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/7ddcf0cd9d282b9f08ae18b169e452da21c90a23-975x540.png?auto=format\" alt=\"Capital inflows into the Bitcoin network (10x Research\/Glassnode)\" title=\"Capital inflows into the Bitcoin network (10x Research\/Glassnode)\"><\/p>\n<p>\u201cTime is running short, and despite billions in capital inflows from corporate treasuries, the actual price impact has been surprisingly muted,\u201d wrote Markus Thielen, co-founder and lead analyst at 10x. \u201cThis raises the possibility that even with continued support, the market may fall short of delivering the kind of upside many are hoping for.\u201d<\/p>\n<p>The report forecasts a likely break below $117,000, with support at $112,000 and a deeper floor around the $106,000\u2013$110,000 threshold.<\/p>\n<p>Still, BTC bulls may cling to the hope that the outlier August gains happened in 2013, 2017 and 2021, during Bitcoin&#8217;s post-halving years coinciding with roaring bull markets.<\/p>\n<p>And 2025 might be a year just like those.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/07\/31\/btc-faces-golden-fibonacci-hurdle-at-usd122k-xrp-holds-support-at-usd3\">BTC Faces Golden Fibonacci Hurdle at $122K, XRP Holds Support at $3<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) has been trading in an excruciatingly tight range just below $120,000, but the rally is quickly losing momentum as the market enters what has historically been a soft month for the crypto, a report from 10x Research warned. August has been bitcoin&#8217;s weakest month over the past decade, with only three positive years [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-39857","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39857","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39857"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39857\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}