tomorrow is halving and current electricity cost for bitcoin miner is 30k. after halving, electricity cost well be doubled to 60k, if the price is under 60k i think its so undervalued. so i think 60k is the bottom of new cycle!! congratulations if you observed my previous post and bought at a cheap price. if we break 66666 altcoin will recover greatly.
𝗵𝗼𝘄 𝗮𝗯𝗼𝘂𝘁 𝗮𝗹𝘁𝘀𝗲𝗮𝗼𝗻
we all know that if altseason happens then altcoins will go up 3-100x. when will that happen? the answer is when bitcoin pump very high with all time highs, then when it goes sideways that's where money will flow to altcoins.
i will share interesting information next. stay tuned!!
So far I'm bullish on Bitcoin. Bitcoin etf hongkong will break through 72k liquidation and pump the price. Bullrun may occur if grayscale does not sell bitcoin again in the 70k area and there is no fud. 66666 is a crucial point, if bitcoin is above 66666 altcoins will have a strong recovery.
If the bears are stronger, it may go sideways around 52k-66666k. Altcoins will fall and the accumulation session returns. if 51k is broken then a bear market will occur and there will be a crash in altcoins.
Why altcoin so overreacted? get out of the market weak hands, you will regret it if you sell too quickly. Stick to spot and avoid high leverage, dont get liquidated before bullrun. Bullrun is coming.