HUGE Bitcoin Miner Capitulation Incoming

One of the things that doesn't make a lot of sense to people is the fact that the Bitcoin mining difficulty has went up recently. In my video I explain that a lot of times there are all kind of delays getting the mining hardware and by the time they get the hardware in place the situation has totally changed but mining operations feel that they have to put the equipment into service. Suddenly this extra equipment on the network raises the difficulty level making it even less profitable for miners to continue. Some of them have to sell off more coins to cover their costs and the price implodes causing even more miners to capitulate and go bankrupt and liquidate their operation or at least temporarily shut off their machines. So the price will implode and then the difficulty will collapse and stay down for months. ... https://www.youtube.com/watch?v=4CgfxZ4ZgA4