Do you ever think of what will practically happen or you just like to mislead people? The current btc price is already below mining costs in most places. People will literally shut their rigs and btc itself will die. Take a second to realise this before putting out such out of the blue guesses
Razor1Fish
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@nimitdave, More analysis will come in the next few days, stay tuned :-)
ericdshelton
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@nimitdave, LOL btc will not die at 2k. Some miners will go out of business, but the fittest will stay. 3k bottom is still very possible.