Everyone appears to be holding for their 13% Bitcoin Cash bonus, however I am giving serious consideration to selling before August 1 with the hope of getting back in later at a lower price. I have a feeling that the price of Bitcoin will be down towards $2,000 again in August.
Is anyone else looking to sell before August 1?, 13% is not a bonus if Bitcoin falls 20% next week. The price has been surprisingly stable this weekend, we should see some volatility tomorrow I guess. I suspect the price will be higher on Monday as people buy in for their free Bitcoin Cash and I will make the decision tomorrow.
I recall the price of Ethereum fell after the fork, any reason for Bitcoin not to do the same?, already close to an all time high at $2,700. I do not see any reason for the price to spike on August 1, or am I missing something?