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BTC 113k bearish alert?

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BTC dropped to 113k and honestly this is wow! It's clearly a bearish warning sign, it broke below 117k a while ago so it's clearly a good idea to buy up to 110k, at 110k there's a great possibility of a rebound, if it doesn't rebound at that point it's likely the price will continue to fall
 
The price is likely to continue to fall until the beginning of next month. August use to be bitcoin worst month. Seasoned cryptocurrency traders knows that August use to be very difficult month for bitcoin. Most unfortunate, nobody knows the reason!
 
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