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RE: Is BIP 91 the Reason for the Recovery of Bitcoin and Altcoin Prices?

in #bitcoin7 years ago

I'm still sceptical about this uphill for now. I think people will still be afraid and before the 1st of August we will see a drop again. For sure we see one this weekend because every friday/saturday we have all red.

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Yes hopefully it doesn't go down again but that seems to have been the pattern.

Yeah indeed. But I really think it will go down 1 more time and go pretty low. And after the 1st of August everything will go great again. Bitcoin and Altcoins will reach all time highs after that. In December I think Bitcoin will be worth $4000 :D

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I dont think there will be a drop since the majority from the community is supporting segwit and the possibility of the chain split has been reduced too much. It is the reason the price has recovered and it will stay the same until august 1. After this it will increase more than ever.