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RE: What will happen to Bitcoin and market in August 2017
Why do you think that Ethereum will go up if Bitcoin splits?
Ethereum has issues on it's own. They are more complex and there are no solutions yet. Whereas Litecoin is a 6 year old Bitcoin clone with SegWit and Lightning network already running smoothly. And the chart is looking amazing, expected to reach 0.03 BTC reasonably soon.
Not to mention that Bitcoin most likely is not going to hard-fork any time soon. Since the 2MB blocks are not needed for at least one more year.
The hard fork, if it were to happen would be finalised by Nov/Dec , if am not wrong..
Ethereum will shoot up in short term due to confusion in Bitcoin world. It will maintain those levels, once things settle down as well.
Confusion in Bitcoin is NOW. And I don't see Ethereum shooting up!