Bitcoin price is now below 7,400$. We are seeing constant declining of the price since 5th may. Can you guys tell me how low it may go or we can hope that it may rise after this month.
Initially the price was not decreasing so much in fact it was increasing at the start of may, as on 5th of may it was 9890$ and it was the highest price from last 2 months and everyone was expecting that it will cross 10K but 9998 was the peak at the time.
No one knows what is going to happen next. This decline started from 20th of may and it has touched 7100$. We can hope only that it will be increasing soon in the month of June.