According to JPMorgan analysts, $BTC has been trading below its estimated production cost of $78,000 for five consecutive months.



This means miners are selling below their break-even point. Historically, this is a signal worth paying attention to.

#Bitcoin #BTC
BTC0.80%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned