2014. May arrives. Bitcoin drops 61%. 2018. May arrives. Bitcoin drops 65%. 2022. May arrives. Bitcoin drops 66%.
Every single time. Same month. Same cycle. Same pattern. Different victims.
And now it's May 2026.
Mid-term year. Same structure. Same setup.
The chart is not asking permission.
But wait...
Right now the crowd is confident.
"The bottom is already in." "BTC will never see $100k again on the downside." "This cycle is different."
That is exactly what they said in 2018. That is exactly what they said in 2022.
The pattern doesn't care about your conviction.
If the mid-term structure holds one more time a 60% drop from the peak points to one number.
$47,000.
That is where past cycles built their real bottoms. Where narratives collapsed. Where weak hands finally surrendered. Where the next bull market was quietly born.
We are not there yet.
The most dangerous words in crypto are "this time is different."
They have been wrong every single May that mattered.
Remember, I was the only one publicly calling the exact bottom at $16,000 three years ago and the top at $126,000 in October.
If you missed those calls, don’t worry. I’ll call the next one too.
Turn notifications on. If you’re not following yet, you’ll understand why that was a mistake later.
🚨 SOMETHING EXTREMELY UNUSUAL JUST HAPPENED TO BITCOIN!
Bitcoin’s average mining cost is now $77,193.
Bitcoin itself is trading at $65,668.
That means miners are producing BTC at a cost that is $11,525 higher than the current market price.
The mining cost / BTC price ratio just moved to 1.12. Previous reading: 1.10.
That matters.
Because when Bitcoin trades this far below production cost, the market is usually sitting in an unsustainable zone.
Miners either take pressure, reduce selling, shut down weaker operations, or the price eventually moves higher to close the gap.
Hashprice is only $33.65 per PH/s per day, which is already near breakeven for many miners.
Bitcoin difficulty also just dropped 7.76%.
That does NOT happen because everything is healthy.
It happens when mining margins are getting crushed and weaker operators start feeling real stress.
That one fact explains a lot.
Because when Bitcoin trades this far below production cost, the market usually does not stay there for long.
Miners either shut down weaker machines, reduce selling, or force a tighter supply setup until price starts moving higher.
Right now, the market is pricing Bitcoin 14.9% below average mining cost.
Price: $65,668 Average mining cost: $77,193 Gap: $11,525
So yes, Bitcoin looks structurally underpriced here.
The market is trading below what it costs to produce new supply.
That’s why this setup matters so much.
Not because it guarantees an instant pump.
Because when production cost stays above market price like this, the downside gets harder to sustain and the probability of a repricing higher starts going up.
Something is clearly off here.
And if Bitcoin starts closing that gap, the move could get aggressive fast.
🚨 SOMETHING EXTREMELY UNUSUAL JUST HAPPENED TO BITCOIN!
Bitcoin’s average mining cost is now $77,193.
Bitcoin itself is trading at $65,668.
That means miners are producing BTC at a cost that is $11,525 higher than the current market price.
The mining cost / BTC price ratio just moved to 1.12. Previous reading: 1.10.
That matters.
Because when Bitcoin trades this far below production cost, the market is usually sitting in an unsustainable zone.
Miners either take pressure, reduce selling, shut down weaker operations, or the price eventually moves higher to close the gap.
Hashprice is only $33.65 per PH/s per day, which is already near breakeven for many miners.
Bitcoin difficulty also just dropped 7.76%.
That does NOT happen because everything is healthy.
It happens when mining margins are getting crushed and weaker operators start feeling real stress.
That one fact explains a lot.
Because when Bitcoin trades this far below production cost, the market usually does not stay there for long.
Miners either shut down weaker machines, reduce selling, or force a tighter supply setup until price starts moving higher.
Right now, the market is pricing Bitcoin 14.9% below average mining cost.
Price: $65,668 Average mining cost: $77,193 Gap: $11,525
So yes, Bitcoin looks structurally underpriced here.
The market is trading below what it costs to produce new supply.
That’s why this setup matters so much.
Not because it guarantees an instant pump.
Because when production cost stays above market price like this, the downside gets harder to sustain and the probability of a repricing higher starts going up.
Something is clearly off here.
And if Bitcoin starts closing that gap, the move could get aggressive fast.
Follow and turn notifications on.
I’ll post the warning BEFORE it hits the headlines.
TRUMP'S SHOCKING IRAN REVERSAL TRIGGERS MARKET MAYHEM $BTC Markets were injected with pure hopium then immediately rekt. The narrative flipped faster than a pancake. Whales are either trapped in a massive short squeeze or executing a brilliant contrarian play. Liquidity is draining from the oil crash into risk assets. Prepare for extreme volatility. Not financial advice. Manage your risk. #CryptoNews #MarketCrash #Bitcoin #US5DayHalt #freedomofmoney
# MERE Gode ko dekh ke panga lena # teacher naam se koi master nhi Banta 🤣🤣🤣