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 contextView the direct parentgerhardvantonder (25)in #bitcoin • 7 years ago (edited)$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