When will bitcoin hit the lowest? 1)before 21july 2) 21july-1au 3)after 1 august

[klf]

There is no such thing as Bitcoin insurance but it may be worth considering entering into positions slowly now.
It could go down a bit more but the question is how much risk do you want to take aiming for the bottom when it could just as quickly go up to the next level, prices are already down 50% from last high so it's a balanced bet now.

Yes, no one can tell that when is the right time to start buying. But I think currently already a lot of correction happen and it can go some more down but if your long term players then shouldn't wait anymore start buying in small quantities. No need to wait for any specific date and time because we may not be able to catch those big movements.

[cellard]

It seems from the things I read, There're 3 speculations on the way.

1) bitcoin will go at its lowest only before 21 july because there's segwit2x action on that date. Thus it will go up by then. then it will boost.

2)You won't be able to buy or sell anything as they will stop all transactions between 21july-1august or so. And, segwit won't affect anything and it will go down until 1 august. And then it will boost.

3)If there's a fork whether it's soft or hard, btc will crash after 1 august and further next weeks. 'Bitcoin bloodbath - Alexandra Perry from Wealth daily' Then it will boost. Also you won't be able to buy anything near 1 august or so as they will stop any transaction.


So what do you think? Will btc boost after 21 july? or after 1 august? or after 7,14,21 etc august?

My order of events is something like this:

1) Lowest point between now and activation of segwit by whatever means
2) After segwit is activated, we go back to $2500 and stay there
3) As hardfork scenario is near, price crashes again
4) When hardforkers get destroyed, we will hit all time high, $3000+
5) Once the market understands bitcoin will not hardfork, we will hit $10000+