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?
Currently, due to various factors including the tariff war, the price of Bitcoin is moving towards a slight recession, but it is coming back again. Because when different countries and different companies start holding Bitcoin, the price of Bitcoin starts to recover again, only the big Bitcoin holding companies play a big role in improving the price of Bitcoin.
So in this case, I want to say that in this month of August, we will definitely see more signs of improvement in the price of Bitcoin towards the end, we are slowly moving towards the target of 150K dollars and the possibility of touching 150K is very high.