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RE: Bitcoin prices won't be at the bottom until they drop down into the $4000's by gerhardvantonder

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Viewing a response to: @davebrewer/re-rollandthomas-re-davebrewer-bitcoin-prices-won-t-be-at-the-bottom-until-they-drop-down-into-the-usd4000-s-20180408t014157084z

· @gerhardvantonder · (edited)
$4 800? Its on the 78,6 FIB retracement.
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vote details (1)
@davebrewer ·
$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
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