the price of bitcoin should remain above the $ 6320 zone, otherwise the rate will again fall to the level of $ 6000. Then, the Crypto currency may fall to $ 5859 and $ 5755.
On the other hand, if the coin value can rise above $ 6595, it will reach the $ 7000 zone.
i think now everyone knows how bullshit speculations like these are. it is funny that sometimes it comes from news sites like Coindesk,...
we all know that bitcoin is volatile and its fluctuations don't mean rise or fall. in other words going down to $6000 does NOT mean going further down. and going up to $6595+ does NOT mean it should rise up. as you can see price has been above that price for more than 2 days now and we have not yet went above $7k.
at this point the market is still controlled by the fear and is supported by the strong belief that $6k is the bottom. and as long as these two are around we will stay in the same range: between $5.9k-6k and $7k-$7.5k and it is neither a rise or fall worthy of mention, when it goes up and down within this range.