There is only one week left until the end of August, but we can see that the Bitcoin market is not currently positive, but it has fallen a lot. When the price of Bitcoin exceeded $124k in the middle of this month, many thought that it might break $130k, but this was not possible, rather the market has been in a downward trend since then.
However, we understand that according to the current market situation, the market is likely to fall below $110k. However, there is a possibility of the market increasing in the coming month, however, since the market has seen a lot of decline in the past few days, it will definitely rise again.
I think it will take some time for the Bitcoin price to create a new ATH because the market is still in a breakdown, and besides, the volatility is very high now.
Market under pressure due to panic selling and peoples are taking profit which is never been favorable for having increase in price in first half of August mostly were expecting $130K is going to be touched but suddenly momentum changed.
Now with current situation most chances we will be stayed around $120K which could be also not bad, but coming months are going to be good because Bitcoin can go positive and momentum could be also positive because now market is having good liquidly.
If this will be stayed for few more weeks surely before end of this year Bitcoin will be on new ATH even market can touch this figure of $150K which could be having good for having $250K in 2026.
At the moment, Bitcoin's movement has recovered somewhat, it has returned from $112K to $117K in a very short time right now.
Bitcoin never stays in such small dumpings, they are temporary and then Bitcoin comes back stronger.
So those who decide to sell during this short-term volatility are definitely making a mistake, while it is basically giving you an opportunity to buy a little more.
So if you have the ability, try to accumulate a little more Bitcoin in each dumping, and the goal must be long-term.
Do not decide to sell in any situation, but rather control yourself in all situations and only think about buying.
The future of Bitcoin is bright, so the more Bitcoin those who accumulate and hold on to it, the greater their chances of success will be.