We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.
You may simply be asking the wrong question.
I prefer to look at the motivation to buy vs mine.
In this sheet you can is a simple example of how you can test the price floor.
https://docs.google.com/spreadsheets/d/11QS1BBV11KNGTF8N_-fdfmjTZ3WzPQFbLfVrl5n6R8s/edit?usp=sharing
This example only factors in power and hardware repayment costs. I even include a line for no mining costs if that is even a thing.
Even for die hard mining groups at this price point the option to buy BTC vs continuing to pay mining overhead is simple. Shut off the hardware and buy the coin.
