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,
Are we still hoping on a fast paced bullrun like we experienced in the previous season?
I don’t see that being the case for Bitcoin at this $100k-125k price range. What we would have is what we’re are already experiencing as it is, a gradual increase and dump with nothing aggressive to it.
We have few days to the months end, I can’t say I’m expecting any surprises from Bitcoin but, it’s very unlikely that we would be getting past $125k price for this month. The bear moves would likely continue into first week of September.