In brief

  • JPMorgan says Bitcoin near its production cost of USD 85,000 could help reduce selling pressure from miners

  • BTC took 280 days below cost, longer than the period in 2018

  • Blockchain data indicates smaller sell waves and a thinner hash rate recovery

Read the original story JPMorgan reveals key Bitcoin price levels for miners by Jakub Dziadkowiec at th.beincrypto.com