The worst possible Bitcoin pullback may not be as scary as you think.
Now there’s a piece of data that’s replaying the structure that appeared before the start of the 2023 bull market:
Bitcoin “mining production costs.”
In early 2023, after BTC officially broke above the miners’ production cost range, it only did one thing:
It pulled back to test the upper edge of the range once.
Then—never went back.
And now, a similar structure has reappeared.
🟠
BTC has risen back above the miners’ cost range since 8/19
🟠
Current price: about $76,400
🟠
Average production cost: about $50,500
🟠
BTC is currently about 1.51 times the average cost
What’s truly worth paying attention to is:
That “last pullback” after the 2023 breakout wasn’t a continuation of a bear market.
Instead, it became one of the most important “getting in” zones for the next leg of the entire cycle.
So if history is just rhyming—not perfectly repeating—
then even if BTC triggers another panic-inducing crash and sends the whole market into fear, I would actually pay special attention to:
Whether the price moves back toward the upper edge of the miners’ cost band, completing that last “death kiss.”
If that really happens, I wouldn’t interpret it simply as the bull market ending.
It could instead be the market’s final “crash” moment in this cycle—giving you relatively cheap chips.
Many people wait for bull market confirmation before they dare to buy.
But the positions that often offer the highest rewards are usually the times when the market looks least like a bull market.
Crypto circles, don’t stumble into the dark—if you want to avoid traps, stay steady, and secure profits, follow Sister Xin’s rhythm!
Now there’s a piece of data that’s replaying the structure that appeared before the start of the 2023 bull market:
Bitcoin “mining production costs.”
In early 2023, after BTC officially broke above the miners’ production cost range, it only did one thing:
It pulled back to test the upper edge of the range once.
Then—never went back.
And now, a similar structure has reappeared.
🟠
BTC has risen back above the miners’ cost range since 8/19
🟠
Current price: about $76,400
🟠
Average production cost: about $50,500
🟠
BTC is currently about 1.51 times the average cost
What’s truly worth paying attention to is:
That “last pullback” after the 2023 breakout wasn’t a continuation of a bear market.
Instead, it became one of the most important “getting in” zones for the next leg of the entire cycle.
So if history is just rhyming—not perfectly repeating—
then even if BTC triggers another panic-inducing crash and sends the whole market into fear, I would actually pay special attention to:
Whether the price moves back toward the upper edge of the miners’ cost band, completing that last “death kiss.”
If that really happens, I wouldn’t interpret it simply as the bull market ending.
It could instead be the market’s final “crash” moment in this cycle—giving you relatively cheap chips.
Many people wait for bull market confirmation before they dare to buy.
But the positions that often offer the highest rewards are usually the times when the market looks least like a bull market.
Crypto circles, don’t stumble into the dark—if you want to avoid traps, stay steady, and secure profits, follow Sister Xin’s rhythm!
