Bitcoin will fall to $4,000 before any sustained bounce, what do you think?

[kramerwang]

Cryptocurrency prices gave up some recent gains Wednesday, with bitcoin, the No. 1 digital currency, drifting back below $7,000 as bullish traders hold their breath.

April the 3rd, the largest cryptocurrency Bitcoin, has go down below $7,000 USD leaving all investors struggling to analyse what will happen in the future.

The swings in Bitcoin prices over the past week have been indicative of the wider market, and for all the ALT coins.

“The market remains topsy-turvy and people aren’t sure what lies ahead,” “Last year we went from irrational exuberance where people were riding the trend higher, to a shift lower this year. Essentially we have gone from higher highs to lower lows.” said Charles Hayter, co-founder of CryptoCompare.

Adding to the slide were concerns after U.S.-based cryptocurrency exchange Kraken suffered a systems failure. Exchange failures continue to weigh on the market-validity debate.

Analyst: Real bounce won’t occur until bitcoin hits $4k

what do you think will happen to Bitcoin price in the following months?

[pinagpala]

Some predicts Bitcoin would drop to 2k.