Where is the next stop? We are currently seeing a drop in the price of not only Bitcoin but also other cryptocurrencies. So much so that the total value of the cryptocurrency market has dropped below the $ 200 billion level. Many analysts thought that the price of Bitcoin could not exceed $ 7,000, expecting a decrease in BTC price. However, Bitcoin still managed to go up to $ 7,400. Therefore, even if the price has started to decrease, it is not possible to predict how long this decline will continue. Rookie BTC, one of the domestic crypto commentators, pointed out the level of $ 6 thousand 800-6 thousand 850, saying that a reaction might come from here. Crypto Michael draws attention to a similar level. However, according to Michael’s estimates, the fact that Bitcoin has dropped below $ 6 thousand 900 may mean that the next stop will be $ 6 thousand 300.
