Bitcoin is like a rollercoaster and it is currently at the top, this should lead most people to conclude that a drop is due before it continues the upward trend overall. When it is swinging hundreds of dollars in a day, taking it as an investment is pretty much gambling like poker.
After almost a week of some retreat, it is now back at the $2,700 to $2,800 range which is actually a good position amid all the FUD regarding the possible split or fork. The market has already downplayed and discounted the possible fallout resulting in the coming August 1 scaling deadline. After August 1, we are all expecting Bitcoin to make a big leap maybe even beyond $3,000 level.