BTC update

According to current scenario as market is dumping day by day, the question is how much it can dump ??

As we know that institutional fund is going to participate in this crypto market and central banks of many countries. And also whales manipulation.

So they are dumping the Market to get the best price for them and we all small investors are suffering from this market.

Now question arriver in every bodies mind that how much it can dump in worst case ??

The answer is, we all know that countries like USA, china, south Korea, Russia and etc. are mining Bitcoin at different rates according to the consumption and rate of electricity. And rates are below-

Mining just one bitcoin in South Korea costs $26,170 and Venezuela is the cheapest country in which to mine bitcoin. It costs $531 to mine the world's best known virtual currency there.

See the price difference guys and if we talk about USA and Russia it's approximately 4700$+

The south Korea is biggest hub of Crypto traders and miners, they can't bear this more loss and btc has to rise.

And USA play very vital role here , now btc can dump to 5000$ to 5200$ in worst worst case ...or else we can see pullback from 5800 or 5900$.

I hope you will like this ...give upvote and comments below.