Most of people speculate bitcoin dump because of 1st Aug event. But this is one of my assumptions: most of people will withdraw their bitcoin to the wallet, there will be less bitcoin on exchange causing low supply >>> price will increase. What's your opinion?
actually most people are speculating "things are not clear" and because of that anything is possible.
the only reason for the price drop is the fear of a fork and a split because of it. but if that date comes and none of that happens, things will change fast from a drop into a big ass rise. because that "fear" that i told you about will no longer exist.
I think that this will happen. The closer the date of August 1 approaches, the more the newcomers will panic. But after this date, people will want to go back to bitcoin and buy coins. This will lead to a rise in price of the coin