"🚨 'Never in history $BTC has traded below its electric cost' 📍 Current marginal electric cost: ~$58k-$60k

📉 Price today: ~$63k-$67k (dropping sharply, lows ~$63k)

Half-truth: pure electric (marginal of efficient miners) does act as historical support and has never been broken sustainably... but the all-in (total production) is at ~$87k-$95k → BTC already 20-30% below, massive capitulation, hashrate falling, hashprice at record lows.

Does the electric hold as a real floor or are we going to test $50k-$60k before the rebound? This drawdown is heavy. What do you think? 🔥

#BTC #bitcoin #WhenWillBTCRebound #WarshFedPolicyOutlook #JPMorganSaysBTCOverGold $BTC

BTC

66,385.11

-1.00%