BTC Prices are steadily going up, from a low of $1858 to $2300+ at the moment. Any insight into whether it will dip again before the big day? With 60% already showing support for Segwit, a soft fork is almost certain. And with this information out in the world, I think the upward trend has begun. What do you guys think?
The increase in Bitcoin's price is just a result of some people took the opportunity to buy more bitcoins because of the previous massive drop. Since we have more days left before the activation on August 1st, some are still on neutral mode and constantly monitoring the market for any possible phase changes. However, I believe that as the date comes closer and closer, Bitcoin's price will start to decline again. There are still afraid of the event because up until now, we are all uncertain of what will be the end result. As long as there is no flag raising that means "All are OK now" we will not see major breakthrough about the price of Bitcoin.