Very bad news for BTC holders. BTC price is not moving upwards in August 2018. Looks like the rest of the days of August will be in downtrends for BTC price chart. The red is dominating green for all altcoins. Looks like another panic month for longtime holders.
Yes, in August there was no increase but it did not rule out the possibility for the next month that prices would continue because the market fluctuated, the increase or change would always be there and now the price had dominated the green.
So I don't think it's too serious to take no increase in August yesterday
Why don't you see things in the positive ways ? Although Bitcoin did not increase much in August but at the same time it did not fall much either. This mean it has developed a strong support at 6800K and it is not crossing 7200$ as of today. The more it stays on the particular price and do not fall, it automatically develop base on that price with next move to move further up.