I do not think bitcoin will fall back to $ 6000, is it time for bitcoin to rest? and replaced by ETH or Ripple?
I want your answer based by the reasons.
I think this is not the time of bitcoin break. It still works, but last time Bitcoin price has dropped to $ 6,000, causing the market to slow down. Bitcoin depreciation in early 2018 was largely due to the scandal of Mt Gox. Accordingly, the leading digital crypto has fallen below $ 6,000 after reaching a peak of $ 19,300 by the end of 2017. The sudden drop caused investors to panic, not least Traders immediately sell assets that make Bitcoin prices hard to recover.