The price dropped a lot last night. Don't know if it can go up or down next week. Want to buy more.
It didn't drop that much. Its current price is hovering around $18700, though it dropped as low as $18200 yesterday. Its peak before that drop was about $19400, so it corrected by 6.2%.
That's a significant drop, but not that huge in the world of cryptos. It's quite low actually, considering the insane rises we've gone through over the last few years in the crypto-world.
To be honest, no one knows how much it'll go up/down, but I think it'll be anywhere between (& around) $18000-$21000. I feel like it's not gonna rise a lot, but it might hit just above 20k.
I hope it's gonna stabilize though, that'd be the best thing to happen for it to be accepted worldwide as a currency for daily usage.
Sadly, that's probably not gonna happen. We're gonna keep these spikes.
As for me I would gladly view it out as developing currency, that's why we are going to see those more possibilities that price will fluctuate even more next week. About its up and downs, well we cannot predict it but for I maybe wondering that it will go down so that it will stabilize at a certain value, so could give chance for other crypto currency to rise its price again and those holders can benefit when they sell their asset in the future.
