6k Bitcoin

A lot of analysis are calling for $3,000 - 4,000 BTC and that miners will have to decide whether to keep mining or not. In my previous post I mentioned that $6,000 was a perfectly healthy price for BTC. I think that price is going to be very hard to break as it's been tested several times and has shown plenty of buyers.

Remember, it only took a little over a month to go from $6,000 to its last all time high. $5,900 was the last true bear trap IMO.