🚨 BITCOIN JUST CROSSED A LEVEL THAT MATTERS TO MINERS. 👀
Bitcoin is now above JPMorgan’s estimated $85,000 production cost.
And that could change something important. ⚡️
For 280 days, BTC stayed below that level.
That put pressure on miners — especially those operating with higher costs — and increased the incentive to sell BTC to cover expenses.
Now the equation is changing. 🔄
If Bitcoin stays above $85K, JPMorgan says miner selling pressure could ease.
That means fewer miners may need to sell just to survive.
The interesting question:
Did Bitcoin just cross the line where miner pressure starts disappearing? 👀
$BTC #Bitcoin #Crypto #Mining
Bitcoin is now above JPMorgan’s estimated $85,000 production cost.
And that could change something important. ⚡️
For 280 days, BTC stayed below that level.
That put pressure on miners — especially those operating with higher costs — and increased the incentive to sell BTC to cover expenses.
Now the equation is changing. 🔄
If Bitcoin stays above $85K, JPMorgan says miner selling pressure could ease.
That means fewer miners may need to sell just to survive.
The interesting question:
Did Bitcoin just cross the line where miner pressure starts disappearing? 👀
$BTC #Bitcoin #Crypto #Mining
