I have been watching the mining revenue lately and I have a few points to make. Nothing special but some relevant information. The mining revenue drop has finally stopped at least for the moment. On the 3 year chart mining revenue is still dropping however.

What I notice is that the price adjusted for miners revenue sits fairly around the same price that I saw on a site displaying mining data for BTC.

There has been a pattern of holding this week even as it seems the price could be dropping.

So I think we are seeing strong signs of an accurate price range including leverage on exchanges at: $6300-14,000. Due to the fact that the mining revenue is at a standstill, I would say with the stock markets not crashing again, we are on course to reverse the 3 year drop in mining revenue and signal a holding period from large mining pool rewards. The inflation rate is going to be temporally negative when the miners hold more than they sell, even though it averages out at 1.8% ish now.

The possibility of a quick price climb is here, but people have to manage life before BTC so we shall see how life goes around the world for now and realize history is only part of the future.