this now bitcoin price still stable
in 600 dollar every one bitcoin, is very long can down until reach under 500dollar
because next trend bitcoin price can up
i don't think that bitcoin down until $500 because its really hard to get that rate but no one can knows if it can happen or not, better hope that the rate will not go down too far from $595.
i think it will be around in $595-$598 for the down and i hope its not down too deep and will gets increase in next week. but its only my prediction and i hope its gonna happen to go increase for this week.
Going down from $600 to $500 is just 16.6% down. That is very little in terms of Bitcoin. I know that it may seem much, but taking into account the volatility of Bitcoin it is not that unexpected. Bitcoin has seen huge drops and rises, and one have to be able to live with that to play this game.
You are right, everyone who engage with bitcoin should not be surprised if bitcoins price would go down or up because it really a normal thing for bitcoin. We should expect deep price drops and huge inflation spikes everything is possible on bitcoin. $500 wouldnt hurt soo much though.