You see bitcoin dropping to 4k? I think there are too many levels of support before we get to those lows
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You see bitcoin dropping to 4k? I think there are too many levels of support before we get to those lows
You are right, there are a lot of support levels. However, there is no guarantee that any of those will truly hold. There are sources stating that mining costs are around $4000, so that might actually hold.
You are right... There is no guarantee in this space.
It will be interesting to see!