What is happening to the Bitcoin?

[MelchiZedek]

I woke up today to my uttermost surprise that the King Kong of all cryptocurrencies has fallen below $6000. Crypto analyst and expert, Luis Carranza, has tweeted that Bitcoin can bottom down to $2500. What are your views on this? Will it continue to fall or it will bounce back?

[Judybrown]

I think the prices will continue to fall but even after the fall, we believe it will bounce back again.

[Redhead5]

I think the prices will continue to fall but even after the fall, we believe it will bounce back again.

Yes, this was happen last year that bitcoin with great fall in price but during fourth quarter bitcoin recovered and even up to the moon with $19000 plus price. But recently its stability price falls between $6000 -$7000 plus and its time to be more patience.

[Niteroy]

I think the prices will continue to fall but even after the fall, we believe it will bounce back again.

Yes, this was happen last year that bitcoin with great fall in price but during fourth quarter bitcoin recovered and even up to the moon with $19000 plus price. But recently its stability price falls between $6000 -$7000 plus and its time to be more patience.

Yes, this is the most likely scenario. Bitcoin many times fell heavily and was predicted to end, but he successfully beat new price records and after that again fell and rose. So do not worry, just keep doing the things that are usual for you, and the price of Bitcoin will necessarily grow and show new price records. Especially since "New EU Report Advises Regulators to Not Ban Cryptos" https://coinfrenzy.io/eu-report-advises-not-ban-cryptos/

[Dynamite]

Hahaha..... Sorry make bitcoin is not the king Kong of crypto currency. You make me laugh because I imagine literally. Anyway thou shall not panic totally because it will be back for you. Bitcoin will recover again. Pretty sure about that.

[Stormyblue]

I woke up today to my uttermost surprise that the King Kong of all cryptocurrencies has fallen below $6000. Crypto analyst and expert, Luis Carranza, has tweeted that Bitcoin can bottom down to $2500. What are your views on this? Will it continue to fall or it will bounce back?

The market of Bitcoin has reached a level where I think predictions and speculations don't matter anymore. Most of the predictions are manipulative.
At this point it is clear that the price of Bitcoin wouldn't rise like it did last year but I'm not sure that it'll fall that sharp to $2.5k

[Gubre]

No it will not go on that very dip. Bitcoin may fall down to less than $6000 or even less than $5000. If we look back the past record of bitcoin it has a consistent movement when it dips and when it raise.

[KobbyD]

I think the prices will continue to fall but even after the fall, we believe it will bounce back again.

Yes, this was happen last year that bitcoin with great fall in price but during fourth quarter bitcoin recovered and even up to the moon with $19000 plus price. But recently its stability price falls between $6000 -$7000 plus and its time to be more patience.

Yes, this is the most likely scenario. Bitcoin many times fell heavily and was predicted to end, but he successfully beat new price records and after that again fell and rose. So do not worry, just keep doing the things that are usual for you, and the price of Bitcoin will necessarily grow and show new price records. Especially since "New EU Report Advises Regulators to Not Ban Cryptos" https://coinfrenzy.io/eu-report-advises-not-ban-cryptos/

Good, I am quite new to crypto and I am scared when I see the prices fall like that, sometimes make me fell crypto is ending, but there is more hope to cryptos. BTC. King forever.

[Mbah Jenggot]

I think the prices will continue to fall but even after the fall, we believe it will bounce back again.

I agree mate,  After the fall of price , I believe It will bounce back again. By seeing the conditions in last year, I believe Bitcoin will rise again.

[therozaq]

I woke up today to my uttermost surprise that the King Kong of all cryptocurrencies has fallen below $6000. Crypto analyst and expert, Luis Carranza, has tweeted that Bitcoin can bottom down to $2500. What are your views on this? Will it continue to fall or it will bounce back?

By seeing the price of bitcoin is low, I think It is good time to buy it. Because I believe the price will rise again. It just market corrections.