Bitcoin Miners Have a Price Nobody Talks About 🤫 When $BTC falls, we usually discuss support levels based on charts. Miners have a much less abstract version of support: the price at which producing Bitcoin stops making economic sense. That level isn't the same for every miner. Electricity prices, machine efficiency, financing costs and access to infrastructure can create very different economics across the industry. When margins get squeezed for long enough, less efficient operators may shut machines down, sell reserves, restructure debt, or upgrade equipment to remain competitive. This is why I find miner behaviour particularly interesting after prolonged declines rather than sudden one-day crashes. A bad afternoon doesn't necessarily change the economics of mining, but months of pressure can. Hash rate and miner flows can then tell a story that isn't obvious from the price chart alone. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#