Since then Bitcoins price is facing a crucial hurdle at 35000-35200 area before an all-time high test. Its too soon to say. Bitcoin Rise Soon Investment Advice Bitcoin Investing With Bitcoin trading above 56000 retail traders may be thinking that they have missed the opportunity of buying below 50000 when the price was low relative to the massive price surges the king coin has attracted this market cycle. Will bitcoin drop again soon . I do think the market is nearing a top for BTC. Although Bitcoins rally is showing no signs of slowing down at the moment one analyst believes that a correction is imminent in the near-term. This isnt all they say though. The bitcoin market is once again experiencing volatility. This isnt all they say though. Other analysts predict that 29000 will be the tipping point for Bitcoin trading. After the steep price drop in April and May of this year during which the bitcoin price almost halved the cryptocurrency is consolidating in the.