So my question what are the chances of bitcoin dropping back to below 5900 again? I know anything is possible like what happened in march but realistically at this stage and time, what are the chances of that happening and me losing all my bitcoin? Thanks
It's always wise to be always updated on the fundamental news for you to be able to anticipate the next Bitcoin price movements.
As of now, there won't be any relevant news for Bitcoin to drop. If the $5,900 is the value of the 40% loan agreement before selling, then you don't need to worry as of the current Btc price movement doesn't seem bearish. Infact, that $5,900 level is the worst figure If bears will appear in the market.
All you need to do now is to pay the loan asap while Btc is in a rising trend. It would be regretful on your end If Btc reach new heights and your asset is stucked in a loan service.