bitcoin price now is under 7000 it will go under 5000 it is real or FUD..who is manipulate this market...
Possibility yes but for me it's good to see how far the price will go down.
This kind of situation like
"spread FUDS" ,
"negative news" etc. will test how strong the support is at a certain bitcoin price level. Although it's not an assurance that past performance can always guarantee future results, we can see that passing every level from $2,000 to it's ATH only done in just few months which means we are on fast track that days and no such thing as strong support is really established because overall it was driven by a hype.
As of posting, the price bounce back and erase the speculation of reaching $5,000 for the meantime. Is this the start? Who knows. Honestly I doubt it will go far below $4,000 because by looking at trades markets at various exchanges, there are lots of buy orders starting from around $5,000 during the dip.
Let's see what will happened next.