Bitcoin might be nearing the end of the drop but personally i think we will still see it go as low as 6400 USD befor we will see the Bull run return as i think many investors who "jumped on the bitcoin train late in 2017 are still getting out after suffering some major losses however that is just my opininon.
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I think you have a point. Other analyst recommend to wait until $500 is breached. Do you agree with it?