BITCOIN NEAR TERM FUNDAMENTALS AND UTILITY LIKELY TO BE SUPPORTIVE OF ITS PRICE
The stars maybe aligning for alternative asset Bitcoin bulls. First, fundamentally, Bitcoin’s marginal mining cost is ~$6,400 according to bulge bracket broker Morgan Stanley. A greater understanding of the marginal cost level of mining Bitcoin is helpful in forecasting prices; and most important where prices could bottom. With Bitcoin trading at $6,500, investors […]