I was very surprised to see the price of bitcoin falling like a rock, the price of bitcoin has dropped from $ 7200 to $ 6500 in a very short time. I hope this is all over soon.
Do not feel low the market has started to recover and reached 6900$+ . SO we can see soon we will be in range of 7k and move towards 8k in Sept . We require this momentum to keep on continue so that sooner we are back to the range of 10k+ where the people could be little relief and feel better as many have bough at those rates.
Price was under 6,000$ couple times this year, but nothing serious, each time price bounced back over that mark and month ago we had price close to 9,000$, drop back to 6,000$ and now price is rising again. That is great for this year, comparing this prices and ranges with market behavior when I started to trade we are now very high, and we are setting up new bottom.
Bitcoin is on the low, this year will be the last year when people will be able to buy bitcoin under 10,000$, I think price will pass that mark until new year and in next year we will have higher bottom than this year. This is not a slow progress, every year we are higher and there is no reason for this rise to stop.