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/Its fine if the market drops below $6k dollars, it only means that other people who did not have enough capital to invest can purchase bitcoins on a cheaper price and earn profit in the future.