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Analyst: Historical Data Shows Bitcoin Has Never Dropped Below Mining Costs During Bull Markets

Analyst: Historical Data Shows Bitcoin Has Never Dropped Below Mining Costs During Bull Markets

Bitget2024/11/29 15:15
BTC+0.77%XOLDTOKEN0.00%

Analyst Ali (@ali_charts) posted on the X platform that he's seen a lot of talk about Bitcoin going below $90,000, and it's important to remember that the average mining cost is currently $90,524.

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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