Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Ambatman
on 30/06/2023, 20:01:52 UTC
Someone that wants to buy BTC when BTC price is $10k, I don't think that person has Bitcoin in his wallet from last year when Bitcoin was $15k.
Anything that makes Bitcoin fall to $10K
Would be the downfall of Bitcoin
The cost of mining Bitcoin is higher than $15K
It would continue to rise in subsequent years
Anything that makes Bitcoin to fall to $15K means
Miners has chosen to cut losses and sell
Which would not be Good news for Bitcoin