You are viewing a single comment's thread from:RE: Bitcoin prices won't be at the bottom until they drop down into the $4000'sView the full contextrollandthomas (74)in #bitcoin • 8 years ago Good info...my level for weeks has been $6000 for a bounce.
I'm not looking for a dead cat bounce. I'm looking for a new bottom
$4 800? Its on the 78,6 FIB retracement.
$4800 happens to be the average cost of producing a new BTC in the US.
So perhaps that will be the new low?
Time will tell