All of the miners know exactly what it cost to mine a block you guys think the you can find the bottom with chart analysis but its always been a cost analysis.

The miners have kept the price down to keep the number of miners down. If the price goes up you automatically get more miners. So who benefits from 6666.66 Usd? The big miners do. It keeps the little miners out. This whole price thing is about mining not about charts. The price is absolutely controlled by the miners. They want the price to stay low while they stack coin. But stay high enough to pay the bills and overhead while keeping the public interested.

If the price goes to high you have an immediate influx of new miners. That forces the old miners to buy more equipment. The big miners want the price exactly where it is.