Historically, although August is a bad month, but August of bull years (2017, 2021), bitcoin has grown well. So at the beginning of the month, I also expected and thought that bitcoin could reach $130k.
And although Bitcoin also reached an ATH this month, with what's going on and just 1 week left in the month, Bitcoin is still trading below $115k. So I think I predicted wrong, bitcoin will not be able to reach $130k in such a short time.
Even me, I was expecting the price to touch $130k in this month of August before this $113k will return back to market, but what I saw few hours ago show some signs of bearish season which is what some buyers are hopping for to appear in this month, despite the decrease of the price in the market, I don't think investors will say this month is not a favourable month because it is this month the price of bitcoin touched $124k to caused many investors to earned huge income which is the highest all time high (ATH) investors have experienced since the history of bitcoin movement, I think at this point buyers can start buying bitcoin because nobody know if this $113k will be the lowest for the bearish season before the bullish season will come back.