I don't think this august will be like other past august that always attracted bear run in the month of august, because there is no sign that there will be bear run in this month.The price has dump to $118k which is still good for investors to sell to make profit from the market, and even though they don't want to sell in this current price, the price will still going to pump higher before the end of august.
In the beginning of this month, Bitcoin price was around $112k and it jumped to $124k in August 14. If the current price is around $118k, it is quite normal. Moreover, it seems the price to have a chance to increase more because it tries to cross $120k again. Sure, there is no sign of bearish market, it is quite clear for the green market. As long as Bitcoin price doesn't drop below $115k again, I'm optimistic to see another higher price this month. So, this August is totally different with the past August in the previous bullrun season.
The investors that will be disappointed in this month are those that will be expecting the bear run to begin before the end of august, which it will not going to happen according to my statistics in this current price in the market. September will be the season bear run will showcase fully to allow buyers to start buying and hope for a better future.
I'm sure most investors feel quite satisfied with the price growth this month. We have already experienced the bearish time in the early of this year. It is time to focus on selling target, not to focus on accumulating anymore. Even if September - October will be the bearish months, I think it is not the proper time to accumulate Bitcoin again.