Bitcoin: Enters August September Seasonal Lull

Bitcoin enters its historically weakest performance window as August and September deliver the lowest returns and volatility according to BTC seasonality data. Bitcoin historical monthly returns seasonality shows both months consistently rank at the bottom while Bitcoin volatility patterns summer lull keeps realized moves compressed. Price currently sits at $62633.45, testing the lower Bollinger support of $62706.24 while the EMA50 at $63914.07 and EMA200 at $63700.1 act as overhead resistance; the MACD death cross at -366.81 confirms bearish momentum and RSI at 30.54 leaves room for further downside before any rebound attempt.