Re: Bitcoin Drops Below $6,500

Bitcoin might be testing new lows by going below $6,500 level, however, analysts like Tony Vays and Ran Neu-Ner believe it will even hit $4,975 and $5,900 respectively before any upward momentum could be expected. Bitcoin Bull, Tim Draper is still bullish and planning to buy even more bitcoins with no plans to sell them any time now.

BTC highly bearish, Tony Vays target $4,975 but

The worlds largest cryptocurrency by market capitalization, Bitcoin has fallen to its lowest since February. Today, Bitcoin dropped down to an extreme low of $6,433. However, it has again gained a slight upward shift and gone above $6,500 level at $6,510.

Continue reading: https://coingape.com/bitcoin-price-drops-below-6500-experts-remains-bullish/

Everybody's hoping for the increase of bitcoin but it goes down. I don't know if bitcoin gonna go down to $5000 .And it will make us having no chance to hit the price of $100000 this year. But Im still hoping for the best of everything to have my aim in life to have a big profit this month.

It will never hit $100k no matter what happens in market and adoption.

100k is not that outrageous. Just calculate the necessary market cap for this to happen and compare it to for example biggest stock value of big companies, then it wont sound so unrealistic.

As far current market situation, it is a bit painful but on other hand nothing extraordinary if we take a look at the bigger picture. Right now we ware testing the triple bottom, if it gives, we are going lower and thats fine. Sooner we go on with it , sooner the market will start to recover in healthy manner.