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Analyst: Historical data shows that BTC has never fallen below the cost of mining during a bull market

Analyst: Historical data shows that BTC has never fallen below the cost of mining during a bull market

Bitget2024/11/29 14:53

Bitget news, crypto analyst Ali (@ali_charts) posted on X platform saying that he has seen many discussions about Bitcoin falling below $90,000. What needs to be reminded is that the average mining cost is $90,524. Historically, during a bull market, BTC has never fallen below its mining cost.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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