In the bear market BTC price not stable and Most of Trading Analysis are predict BTC will reach $3k according to the theory of market cycle. I have more doubt If BTC reaches $3000 Miners are alive
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- BTC Reach $3k I guess most of the mining farms will be stopped. Is it possible to maintain mining forms at the market situation (BTC at $3K) ?
- When Miners are reducing in BTC blockchain what will happen for the transaction?
- Can we expect BTC going down to $3k Is it possible according to TA and Do we need to trust TA?
All Discussion are warmly welcome
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That is the main reason I don't see Bitcoin falling this much, we have seen a repetitive pattern at 6k level, there is a huge support at that price point and no miner will sell his BTC below that.