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?
If the split doesn't happen, the price of bitcoin could increase. If everyone is expecting this fork and they expect a price drop as a result, then it seems likely that if nothing happens, people will jump back in aggressively.
Either way, I think bitcoin will eventually recover and the price will reach new highs at some point down the road, possibly next year.