= most are predicting 5000$ is bitcoin lower so ready for it.
a lot of people are "predicting" a lot of weird shit. if you want to believe whatever others are saying then you will end up with your pockets empty. there are a lot of others saying price will fall to $3000. there are a lot of others saying it will fall down to $1000. and there are a lot of others saying it will rise to $10k,.... and so on.
If you need a more or less intelligible explanation why bitcoin can fall below the cost of mining, then see how much power Bitmain owns. For now it's about 42%...
- What will happen when they reach 51%?
- They don't pursue this goal?
- Why did Bitmain build a giant data center in China?
- Not all the equipment in this data center belongs to bitmain, but they have physical access to it.