It's sustainable due to wasn't able to stabilized at that certain value, that suddenly collapse after panic sellers dumped their holdings. Nobody options to wait for another price increase, that's why price declination continued to occur sophisticatedly.
So you choose to ignore the 1800 bitcoin created per day? That is a fact and a reality.
There is natural downward pressure due to the miners creating new coins.
Aaron
https://www.amsinger.orgFirst of all, your signature is enough to promote your site, no need to include that site every time you make a post.
$13,000 is sustainable, if you are seeing now price of Bitcoin below $10,000 it might be because of market correction after the bull run a few weeks ago and this is not new, we have seen market corrections over and over again. Price will recover again and go back to $13,000 or higher eventually.
People do really love to make some analysis if the price didn't able to break that $14k resistance and sustaining on 13k price,without even thinking that
there would always be a profit sell-off in which would result into correction.I don't know why people do still got shook when they do saw price dumps and suddenly
telling their own views and analysis blah blah and everything.