Community post
Take Bitcoin profit now!!!
Bitcoin is currently at $2700 as of 7-21-2017 at 11:33 pm EST but ...
With Segwit coming August 1st 2017, I predict Bitcoin will drop down to around 1900 from current price of 800 profit. This is what I will do but please make your own decision just my take!
Watching the chart!!!
Replies (3)
August 1st is not a significant date anymore. BIP91 was accepted by miners yesterday, the only reason bitcoin will go down now is to correct itself from the $650 gain yesterday.
Not everyone will buy the notion that everything is well because of BIP91, if that is the case why are exchanges shutting Bitcoin trading starting July 31st? all could be well but July 31 through August 2-3rd will see some Bitcoin drop.
And beside what is correction and why does it happen? PROFIT!