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1/6 Why do investors often expect August to be weak? Because, historically, it often has been. Some argue it's just a myth, pointing to data stretching back over 200 years to show positiveAugust returns. But those gains rely heavily on 19th-century market history. Today's markets are driven by global capital, technology, and institutional flows—not the seasonal patterns of the 1800s. Bitcoin & Stock Market Seasonality 🧵