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?
I think there is a separate thread for discussing on the speculation of Bitcoin, moderators will move this if they find it necassary.
Well speaking of August month it is a slow month as we all know Btc price dropped in 1st August and then rebounbed back to $115k to $117k and by the end of August it is possible for it to hit $120k but this is not really a big target but a recognizeable resistance it is and if it won't be tested again and again then Btc will struggle between these price ranges you mentioned.
Even on the lower side, it can go as low as $111k which is not good for the price action. Expert call it the Ghost month and mostly in this month the price consolidate and in the next month the price will still consolidate and we won't see any big pumps.