Bitcoin will eventually rise to highs but it may be later this year or next year. I would not be surprised if the price continues to drop until after Aug 1 when we find out about the fork. It could be a good time to buy if the price keeps dropping.
After August 1 we can see things back to normal, the panic happen due to FUD and some holders has not properly educated themselves that's why they dump. The speculation is bad that's why we are seeing this kind of price now, but, since the judgement time is already nearing we should take this opportunity to buy if we want to make an easy money in a short period of time.