Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . So I expect it will drop below 8k, that means 7K zone. But it will no longer. I hope agin Bitcoin will grow up to 9K zone by next week. What you think about it ?
The market is depending on the supply and demand of any coin it was listed on it so everything is possible as long as people will invest or trade their coins depending on the season.