It does not matter if the price drop to $580 or not. If there is active development of the bitcoin, the price will rise.
correct! the bitcoin is a long term thing in my opinion and programmers work with it all the time thus there might be a big increase really fast pretty soon, that will make bitcoin more popular
i think even though the price dropped a little bit it wont have too big of a negative impact on bitcoin because people will be holding their bitcoins no matter what and the price will not be dumped to really low numbers
There has been a runup in the Bitcoin price over the past month, and many claim this is due to the upcoming halving. even if it drops a little users hopes that it wont dump very low.