When the bitcoin price has dropped sharply, people should consider is to buy at this time, the current bitcoin at a very low price, so this time is worth to buy, because in the long term, the bitcoin is still in a rising trend,.
BTC could pop above $7,000 during a corrective rally but traders should not be fooled as technical indicators show a strong downtrend and weak volume will not support a strong recovery in the short term.Yet I do not think it will fall below $5000.