Is it possible that Bitcoin falls lower than $6000!
Which is the level of 31 Oct 2017!
Anything is possible in the crypto world. Bitcoin going down to $6K is very much possible because of the FUD created by the negatives news by the media. It may even dip lower if the negative news continue. The good thing now with bitcoin, it is now bouncing back and become more stable.
Actually that doesn't really matter if you have faith on using bitcoin replacing your fiat for daily needs, even if the price to USD is decreasing, the amount of bitcoin you owns still the same. Just people still got prisoned into the reality that fiat is more important than bitcoin nowadays making speculative investment coming to bitcoin. Therefore, bitcoin exist just to be a profit tool for so many people.
$6K is easy if there's so many panic selling caused by newcomers or new adopters.