Re: BTC Price < $3000 soon

Quote from: ntrader on June 14, 2018, 08:21:00 PM

Quote from: dinhbiplus on March 20, 2018, 04:15:20 AM

Bitcoin will drop to $3000 soon, trust me

as i see in your chart you only considered technical, but this market is very fluidity and depends on some other aparmeters like news and fundamental. also you did not consider the price and cost of mining. i think mining of each btc have the cost about 5000$

At least the chart has a lot of accuracy compared with non sense speculation from the majority of crypto experts. We should consider about the difficulty increase of bitcoin too. How much cost for mining bitcoin will depend on how much electricity in your country and what kind of your mining rig.