Can bitcoin drop to $3000?
It could happen if we are affected by the false issues that say bitcoin prices will go down and we sell panickedly without thinking about the impact that will occur, it is actually the decisive rise in the price of bitcoin is our own behavior as market participants. So it could happen if we are affected by the issue.
we have seen in the severe past and i think no one can deny that this is quite possible as it had done in the past and it can be done in the future as well but seeing the market scenario and growing popularity of BTC, I don't think now it can drop that much in near future like to 3000$. I take $6000 as a strong base for BTC. Seeing the bullish nature it can easily cross $15000 by the end of this year if any huge dump will not happens.