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.
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https://coingape.com/bitcoin-price-drops-below-6500-experts-remains-bullish/Btc might hit 2.3k USD. I'm not here to fud or anything but I believe that's the truth. Bitcoin is a great crypto but it might also experience a lot of downfalls for itself.
A great time for people to start panicking and selling so whales can buy everything. Even if it hits 5k mark or go even further than that, I'll still believe in BTC. This is all expeceted and it's price will surely go back to 20k at some point so it's better to hodl and wait than to panic and sell.