
Base on the graphical explanation of bitcoin market performance for this month so far, you can see from my chart, how far we have been to the way it has been performing since the beginning of this month of August to where it is today, I doubt it there is still more hope for us in meeting up this month, except for next, because there have always been more of the market sentiment on a resistive level each time it pumps above $120,000 while with the place we are today, we have to believe the market still have to make the correction complete from the fall it had before we continue to bullrun.
From what I've seen, Bitcoin's price also dropped to $110,000 today, indicating that market conditions for Bitcoin are starting to become a bit sluggish, so a continuation of the bull run is unlikely to occur by the end of this month. However, for next month, everyone can still be hopeful for Bitcoin, as the subsequent increase after this price correction is complete could be even greater. However, for now, we all need to monitor the level of market sentiment, which could still influence Bitcoin's price, as other coins are also experiencing several percent declines today.