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/Bitcoins price can drop even more in the next few months but still it will be always managing to increase even more in the future because the market is volatile and people are going to invest a huge amount in order to earn more profit when the market pumps up again.