Woke up this morning to the craziest dip in a while. Was high time a correction like this happened. Aug 1 might be a blessing in disguise, getting all of this speculation money out of BTC and bringing it to a value that is in line with the technology. I'm predicting we drop below $1900 in the next few hours. Who knows how low it will go before Aug 1!!
Based on what i read and saw , the prices of the bitcoins just drop recently and it's because of the segwit issues. And well, in this matter some people usually suffer from panic selling as they keep on thinking of their "What If's" which is not bad and at the same time not so good. And I'm pretty sure that there are some who will sell their coins and some who'll grab the opportunity to buy the bitcoins w/ its lowest value. But then, who knows what will happen tomorrow right?