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?
It is not unusual for
BTC prices to fluctuate in August. In many previous years, the price has decreased or remained stable in August compared to July, but it is not always necessary to take it seriously. As you said, the return from $112,600 to $116,400 is a normal breathing condition of the market, which can be considered normal.
Those who bought or deposited patiently in August in the past have received good returns in the subsequent period. So even if the price fluctuates between $114,000 and $120,000, it is better to see it as an opportunity. Now wait and see if your $120,000 prediction comes true at the end of the month. Let's see in which direction the bitcoin price moves this month.
Yes, it is true that the price of Bitcoin is going to fluctuate a lot during this month of August. Now the price of Bitcoin is currently stepping into $120k, we saw it at 122k a few hours ago, but I think the price is fluctuating in the middle of this month, I am not sure how the price will be at the end of the month. But we hope that it will reach our dream price by the end of the month. Let's see what the price of Bitcoin is in August.