Capitulation is inevitable…
Tell your favorite influencer, and everyone one of those youngins that were screaming ‘ WE ARE SO BACK, BULL MARKET IS BACK ‘ blah blah blah , I said so …
Not when The cost of mining 1 #bitcoin is higher than the value of 1 bitcoin ( see current stats below as shown above )
✅ Cost of mining 1 #Bitcoin = $33k
✅ Value of 1 #bitcoin = $27k
Y’all must think these miners are Santas…
Just wait until winter Taps in …
I understand that the cost of mining 1 #Bitcoin is currently higher than its value. It’s interesting to see how the market dynamics can fluctuate. Let’s see how the situation unfolds as we approach winter.
so risky