Bitcoin's price is currently struggling to maintain levels above $60,000, down from its peak of $72,700, despite experts estimating the average mining cost to be around $50,000 per BTC. đź
While market expectations might not have been met yet, the question remains: how long will this downturn last? đ With Bitcoin's supply becoming increasingly scarce due to the halving, one might wonder if demand will eventually taper off. đ€
So far, bears seem to have the upper hand post-halving, but don't count out the bulls just yet! đ»đ With Bitcoin's scarcity and growing adoption, many are gearing up for a long-term bullish trend. đđȘ
What's your take on the current Bitcoin situation? Share your thoughts in the comments below! đŹâš Let's keep the conversation going! đ„đŹ
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