The whales will be selling unfortunately.
BTC will definitely drop, the question is how far?
The BTC price @ around 2700 USD includes within it BCC, which is currently around $340 USD.
So the real price for BTC is currently about $2360 USD.
I have sold my BTC because i'm concerned the price will drop a lot on Aug 1st.
Well, you will regret it soon after August 1 because if you know what traders or whales are going to do it is not like you think , They are the ones who will benefit for this big dumps and dumping or selling your BTC is just a lost for you. Bitcoins will not drop to low it finally recovers after that big dump in the past weeks .So its was expected the price will more rise after these event.
Why would i want to hold a coin that's going to fall?
When it drops to $1400 tomorrow i will buy.
Everyone knows the whales are dumping.