BITCOIN JUST DID SOMETHING IMPORTANT

Bitcoin has once again bounced directly from its Cost of Production level.

Historically, this zone has acted as one of the strongest long-term supports in the entire cycle.

Look back at previous cycles:
Every time BTC dropped near the miner production cost, the market eventually formed a major bottom.

Miners simply can’t sustain selling below this level for long — supply pressure dries up and price stabilizes.

Right now we’re seeing the exact same reaction.

Yet most of the market is still calling for lower prices and another crash.

But if history repeats, this could already be the accumulation phase before the next expansion.

I’m about 95% confident the bottom is in.

The real question is:
Are we witnessing the start of the next cycle… or just another trap?

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