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📊 $BTC Cost Model Signal
Bitcoin electrical cost just dropped below $47K.
Historically, this metric bottoms weeks after price.
Right now:
• Electrical cost → still making new lows
• Price → already bounced
Either:
• $60K wasn’t the true bottom
• Or the model is losing reliability in this cycle
I’m leaning toward price revisiting lower levels.
#GateLaunchesPreIPOS
#USIranCeasefireTalksFaceSetbacks
#CryptoMarketRecovery