I haven't seen any threads about Bitcoin price predictions for August. Historically, Bitcoin has generally performed less positively, or always experienced a decline in August compared to July. However, I've noticed a downward trend in the last few days of August, with Bitcoin reaching $112,600 and now dropping back to $116,400, which I believe is still a healthy decline and nothing to worry about. Historically, August is the best month to buy or accumulate more Bitcoin and shouldn't be missed. I personally predict Bitcoin will return to $120,000 by the end of August, with the price likely hovering between $114,000 and $120,000 throughout August. And this is just my speculation, what about yours?
Bitcoin price now pumping again if everything goes well then the price if Bitcoin can go above $120k but if again down for any strong reason then Bitcoin price can go below $110k.
Various actions of America such as increasing tariffs in various countries and publishing various documents on crypto laws and expressing their different opinions on crypto and reducing or increasing taxes on crypto can affect Bitcoin. Another thing is that according to the previous pattern of Bitcoin, the price of Bitcoin is now supposed to decrease but the price of Bitcoin is stable and some are increasing so it is very difficult to make a possible prediction now.