For quite sometime now I have been secretly praying and hoping that Bitcoin doesnt rush with this upward trend.
I do not think the miners will be able to keep supporting bitcoin mining if the price goes below 6000$.
Hopefully my prayers seem to have been answered as I can see an organic in bitcoin value to 7000$ for a while. Do you think this is an organic rise in bitcoin value and is it likely to remain within the ranges of 7000$ without dropping? Share your emotions and opinions guys!
Bitcoin is volatile, so we can not say that the price will not going to drop sometimes. If you invest by that amount, you should not be afraid of the dropping but then you should also be glad that you can invest more bitcoins. On the other hand, bitcoin will not disappoint any investor, as long as you have patience to wait. And I think miners will always be supportive because they that bitcoin price will always going up.