$BTC miner capitulation is back ⚡
Honestly, guys, this is one of those setups smart money watches closely. Miners are getting squeezed hard, margins are under 5%, and historically that kind of pain has shown up near serious accumulation zones.
Production cost is sitting around 61,200 while the electrical floor is near 48,965, with spot around 63,500. That does not guarantee the exact bottom, and weak hands could still get shaken if macro rolls over, but this is the kind of stress that usually gets chads building a moon bag while jeets keep waiting.
Not financial advice. Manage your risk.
#BTC #Bitcoin #CryptoNews #Accumulation #BuyTheDip
🚀
Honestly, guys, this is one of those setups smart money watches closely. Miners are getting squeezed hard, margins are under 5%, and historically that kind of pain has shown up near serious accumulation zones.
Production cost is sitting around 61,200 while the electrical floor is near 48,965, with spot around 63,500. That does not guarantee the exact bottom, and weak hands could still get shaken if macro rolls over, but this is the kind of stress that usually gets chads building a moon bag while jeets keep waiting.
Not financial advice. Manage your risk.
#BTC #Bitcoin #CryptoNews #Accumulation #BuyTheDip
🚀