Was very busy with my work today, then suddenly i decided to check the price of btc if its starting to rise again. But then, i was shocked when i saw its price which is almost 6,000 usd. What will happen to bitcoin's price tomorrow or the next weeks to come? Will it continue to drop or will increase a little? Why is this happening? Thats a very huge drop.
No one can tell what is going to happen exactly in a week or so. But if you can wait for six months or so, you will get good profit.
Currently, bitcoin is priced above $ 8k and I believe it will continue to increase steadily over the next few days. Many predictions that bitcoin will continue to fall below $ 5k but I think that will not happen as the number of investors entering this market is increasing quite a lot expressed by market capitalization has nearly doubled in the past few days. The market will recover faster than expected.