My concern now is whether Bitcoin will break the level or not. Inability to break it will make the coin return to its ATH. But a successful break will further pressure Bitcoin in September.
I do not think bitcoin will be good in price in this month of September as I think it may struggle and not get beyond $115000 but I may be wrong about it. Let us see if the price will go beyond $110000 first.
I won't judge Bitcoin so soon, it wasn't able to move higher in August despite being in bullish trend in the beginning because it was heavily overbought, yet people predicted Buy because that was the trend.
So, I will particularly avoid the mistakes most speculators make by predicting based on the current market sentiments, it's beyong that if we are predicting for the whole moth. The prevailing market sentiment is good for what is currently happening, but what happens a few days or weeks later may not be immediately known.
I will always check an update on my chart for guide, and the $107,370 remains a strong reference point for me this month.