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Bullish
🪙 Bitcoin Should Cost 80,000 !
In order for miners to make a profit and continue their Bitcoin mining, its price must rise above $80,000 after the halving.
📊 According to CryptoQuant CEO Ki Yan Ju, the current cost of mining using Antminer S19 XP will increase from $40,000 to $80,000 after the BTC halving in April.
🤔 The average cost of mining one Bitcoin is now $49,902 with its price of $70,000. After the last halving in Bitcoin price increased in 2020 by 683% to $69,000.
$BTC #BullorBear #BTC
In order for miners to make a profit and continue their Bitcoin mining, its price must rise above $80,000 after the halving.
📊 According to CryptoQuant CEO Ki Yan Ju, the current cost of mining using Antminer S19 XP will increase from $40,000 to $80,000 after the BTC halving in April.
🤔 The average cost of mining one Bitcoin is now $49,902 with its price of $70,000. After the last halving in Bitcoin price increased in 2020 by 683% to $69,000.
$BTC #BullorBear #BTC
Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
