Is it possible that Bitcoin falls lower than $6000!
Which is the level of 31 Oct 2017!
The current falling may lead to that and we should hope that bitcoin should be able to remain a bit above $7,500 before the next push up if not a bring of that level this time around may push bitcoin price to $4,000.
Theoretically it is, being that the nature of bitcoin is highly volatile, but come to think of it, this is just a part of bitcoin's value getting a correction, if we can still remember, way back in december, there were people who are not investors that came in to play, they have bought bitcoin at a higher price, and those who had bought if at lower price will normally just take profit, leaving the weak hands behind, thus a drop in the price of bitcoin, and now we are clearly seeing the correction in the market, and that's the reason why the price is not going up by 50% or going down by 50%.
To me the price in December was over volatile and any atempt to make the right corrections people are now seeing it as a dump. Some time people that has not been following price since last year always tried to predict the state of things.
