Bitcoin has dropped 3.5 percent in the last 24 hours, according to CoinGecko's live price statistics, but has lost 5.5 percent in the last seven days. The fall has tested support near $60,000, but a trend reversal appears to be underway. Bitcoin is expected to close at $70,000 in the next few days, with some experts and enthusiasts forecasting that the bellwether Cryptocurrency will end the year around $100,000.