#miningindustry
miningindustry
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$BTC faces significant pressure after dropping to $62,000 🔸
Entry: 62500
Target: 70000
Stop Loss: 60000
The current situation with $BTC price being below the estimated production cost is affecting miners' profitability, with around 20% of them operating at a loss or near breakeven level.
Not financial advice. Manage your risk.
#BTC #LongSetup #MiningIndustry
⚠️
Entry: 62500
Target: 70000
Stop Loss: 60000
The current situation with $BTC price being below the estimated production cost is affecting miners' profitability, with around 20% of them operating at a loss or near breakeven level.
Not financial advice. Manage your risk.
#BTC #LongSetup #MiningIndustry
⚠️
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