I believe bitcoin won't take long to recover above $30k, but I'm not too sure it will recover during August. Market conditions are still too panicked even about something that is not yet valid.
If you say so then what about those predictions of having it price at $30 or more than before August?
We're in August and the month is coming to an end, we're having this dip in the market, everyone is panicking and we won't blame no one, I feel such a thing has happened before but this one right here is a shocker.
End of August or even this week can bring a change in the market, don't be surprised if you see the price bumping ones again to $28-29 or even $30+, expect something positive this week.