RE: Bitcoin TA - summary of analysts - 12. June 18
BTC network up date.
As you can see now the difficulty rate increase has now dropped down to 5.7% so they may allow the price to rise as soon as it hits 5% which is the usual case in these circumstances.
Be aware it may stay down for the next 6 days which is the time to the next increase in difficulty.
I doubt they will go for a negative increase, it makes it too obvious, but it is possible. If they shoot for a 0% or slightly negative increase BTC would have to be around 6k or a little below.
See above comments for details
the increase in difficulty is Down from 10.68 to 5.7 since the major price drop a few days ago.
But what do I know I'm just another miner the price drop couldn't possibly have any thing to do with warring miners.
After all its just a game.
It would be interesting if some super whale would try and raise the price.
I would love to see how far they would go to keep it down.