I personally think it may trend downwards until August 1st and it will probably start picking up after the first week of August (2nd week should be stable and we should see prices start rising again).
I predict a massive dump the day before or on the day of August 1st. Not only bitcoin dump but also altcoin dump. I would like to invest in some altcoins right now and the prices seem reasonable at the moment for most, however I think it's best I wait out this month or so.
I still believe in the long run most coins will be going up.
Will the market be going up or down? What do you guys think?