Bitcoin is predicted to drop to $ 5,900
The expert believes that a serious problem may be the drop of bitcoin to a mark of $ 5,900. Under such a situation, the mining of the first crypto-coin will be unprofitable.
However "If the price of bitcoin reaches 20, 40 or 80 thousand dollars within a few years, then no one will be worried about whether bitcoin bought at 6,000 or 6500 dollars. Only day traders who work for less than a year should be concerned about the current drop in the market price", - said Ran Neu Ner.
We'll see how it goes,
But kudos for the guys who keep making those drawings, I must say, they are creative!
That's for sure :)