The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?
The price has recovered since then but still we are not that far away, so my recommendation to people holding coins like bitcoin is to keep holding their coins, it is a difficult proposition especially since I think it will take years for the market to recover but unless you like to lose money then that is something that you will have to do if you want to get your money back.
today, the price is down after it reaches $7488 for the highest price and now the price is at $6910. and if I see on the market, right now the trends are on the way to go down and I hope that the down is not too deep. I think if we are at the weekend, usually the price is down and then it will rise again in the next week and it already happens over and over from a few weeks ago. I still believe that the market for bitcoin will increase higher like in the last year but still difficult to predict the exact time.