Bloody Mondays & Bearish July-Aug

[coingrow]

In my short span in crypto, I have seen that almost all alts take a dip on Mondays. It is like a pattern. Anyone could explain me how and why does this happens? Also many experienced crypto trades keep on talking about the Summer(July & Aug) Bear season, why does cryto gets bearish in these two months, if it actually does?

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[marknowen]

Probably the same as with all activity... everyone is on holiday!

And Mondays... less activity because everyone is catching up with work.

You can see the same in advertising, investing, ....

[dennyd999]

I think in Crypto this August will be really hot..

Because of so many news coming about Segwit Bitcoin and possible hardfork.

[jacafbiz]

Holiday season is a factor, alot of people will be taking profit for summer holiday, you also need to realise that the market has been on a bull run for some period and correction is bound to occur at a time and something will trigger it