BTC price is always pumping and dumping although this is the main magic of crypto market I like this fluctuations. But in this current market BTC is starting to dump again. So I have a question Is this time BTC will fall down again 7k?!
I guess time will tell but if you are asking if there is a possibility, the of course there is a possibility it could even end up going lower than that if the bears decides to take their course on the market. From the look of things, they are now in control and as long as that is the state we are in, I can bet anything to be possible when it comes to going way lower. Probably the remaining part of the month will be the one to watch out for basically.
someone says the behind of this bitcoin down price is the Mt.gox I don't know if it is true or not, but I still believe in bitcoin and will recover soon.
Almost all cryptos are down which may be due to many factors but basically triggered by heavy sell off by group of whales. Like the past incidents, this time also bitcoin will recover. But, $7k may be tested in between.