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.
0
0
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.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Overview of important events on the evening of November 29th
Bitget•2024/11/29 13:47
Analysis: MicroStrategy may have become an amplifier of BTC volatility
Bitget•2024/11/29 13:44
Bank of America: The Federal Reserve may cut interest rates every other meeting in 2025.
Bitget•2024/11/29 12:53
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$97,194.95
+2.11%
Ethereum
ETH
$3,586.68
+0.72%
Tether USDt
USDT
$1
+0.04%
Solana
SOL
$241.24
+2.15%
XRP
XRP
$1.7
+15.18%
BNB
BNB
$655.36
+0.93%
Dogecoin
DOGE
$0.4190
+5.24%
USDC
USDC
$0.9998
-0.01%
Cardano
ADA
$1.05
+4.76%
Avalanche
AVAX
$44.27
+4.67%
Bitget pre-market
Buy or sell coins before they are listed, including ME, XION, OGC, USUAL, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now