We still have a long way to go in this month, we cant predict the precise direction at which this may take, bitcoin will always remained unpredictable in some certain situations, because before you know it, it has been on up and down trend and the market remain ever volatile.
Well, you could be right tho. But can still use historical recurrences at certain periods to predict the future outcome and even if we might not hit at the exact figures with our predictions we might be close enough somehow. I think these are what guides some of our speculations about the market.
Just as the OP explained, historically, August is one of those months you can find a decline in bitcoin price to buy for a later rise in bitcoin price.
Сycles change ever so slightly, but the trends remain there, ATHes are being broken and dips are not coming anywhere