It rebound back to $6,200 after it drop to around $5,800 so i assume we have a great support around this level
But market is still testing tho on what could possibly happen
By looking at the fundamental like news and regulations, aside from big tech companies skeptical comments, everything else is kinda fine
honestly, this is a price reduction that really makes many people panic. Well, for now, I think the price is back to stable. however, the price is still really below the $ 6500 price tag. I hope that the bitcoin price increase will happen soon in July.
I agree, bitcoin had already dropped below 6K$ and it seems there's a sudden price correction after couple of hours. And I see it slowly recovering for now from the price 5.8K$ to 6.2K$. Im hoping it will continue to rise soon and leaving the bearmarket behind.