Like everyone here, we have the same prediction that something can go lower than at it is now. $4,900 may be the true bottom but who knows if hits lower than that, it will be tagged as danger zone by some.
About August, yours and this guys prediction on that month contradicts. (
Bitcoin will probably reach 4500-5000, following seasonality pattern.)
It is no point to buy or sell at this price level.
The market speaks itself and this is absolutely true.