Here is why i think that bitcoin is being forced to stay above 6000$.
We all know that bitcoin's price started crashing when cme and cboe announced that they are going to start trading futures of bitcoin.
But they have a rule that most of us don't know & the rule is that they do not trade an asset which is below 100$ billion and you can now see that bitcoin is just trading above 100$ billion and for following that rule they will try to keep bitcoin above 6000$. Keep in mind that futures contracts are going to expire on tomorrow
Another reason for bitcoin to stay above 6000$ is production cost of one bitcoin. Statistics are showing that it costs around 6000$ to mine a bitcoin some experts are even saying that its around 7000$ but even if we consider it to be around 6000$ the price will have to stay above 6000$ so that miners can make profits . Otherwise they have to shutdown their operations. So miners will try to manipulate price of bitcoin so that they can make profits.
And even if we look at the chart patterns they are also showing spring signs and that means there are some buyers who are buying against the trend so that prices can stay above 6000$...
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