Bitcoin Price Analysis: BTC/USD’s 2018 Decline Is Far From Over
Bitcoin price extended declines and traded to new lows below $4,550 against the US Dollar. BTC/USD is currently under pressure below $5,000 and the decrease [...]
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Oh oh with this dive trend of BTC many miners might off their rigs...hoping it would recover...
It won't really matter if lots of miners stop mining, because there will definitely be more than enough left to run the network. And the ones who keep running will just get a bigger slice of the cake themselves.
That's not looking good. But I think it's right; we will probably go even lower in the next days or weeks.