What you thinking in this market can bitcoin back to high price or now is stable price 6000-7000 and in this year no hope that go up and nothing positive news to go gainer?
More specifically, Gordons cryptocurrency prediction is that Bitcoin will first drop below $5,000 only to rebound and reach $10,000 by the end of this year. Gordon argues that the main reason for this shifting price trend is the significant market volatility in cryptocurrencies and Bitcoin.
Since it is prediction,we can make three options.Maybe ,Yes and No.
To be frank the price of bitcoin and cryptocurrency became a unpredictable one . It's like anything happens in the price .A sudden fall and raise in bitcoin price. Now many people get into bitcoin as compared to pass 8-9 years. Which may cause anything to happen in a day.