Why bitcoin is lingering around $70,000

Bitcoin down a bit today, but we've seen tentative signs of buying on the dip. Mackenzie Sagalas joins us here on set with more. Hey Mac. >> Hey Mel.So what we're seeing in the last few days is that there's appears to be a floor at that 60k level and that's partly because that's the cash value of what it takes to produce a Bitcoin. So you've got these miners who have a really providing that marginal selling pressure and under 60K they go out of business. There's no longer that need to liquidate what they mi ...