📣 Attention crypto enthusiasts! Bitcoin (BTC) has been in a bearish trend for over two weeks, trading 13.8% below its all-time high of $73,835 reached on March 14. According to independent analyst Willy Woo, BTC will only recover when “weak miners die” and the hash rate recovers. 📉This phenomenon, known as miner capitulation, occurs when miners turn off their hardware and sell their coins if Bitcoin falls below a certain price and mining becomes unprofitable. Woo suggests that capitulation is taking longer in the cycle current, probably due to profit increases. What do you think? Is this the time for the strong? 💪In addition, analyst Ali Martínez stated that the average Bitcoin mining cost is currently $86,668. Historically, BTC always skyrockets above its average mining cost! Share your thoughts in the comments! 🚀#Bitcoin#CriptoNewsSee lessBTC-0.53%3.1k4One hundred times the coin that can make you a millionaire!PEPEThe PEPE coin was born in April 2023. It was inspired by the character from the 2005 web comic Pepe The Frog. It is a meme coin (Meme) based on Ethereum. Officials stated that the original intention of the PEPE coin was to tire of dog-themed meme coins such as Dogecoin and Shiba Inu, which deviated from the entertainment nature of meme coins due to their complex symbolic economic design. Therefore, PEPE aims to break these frameworks and become the king of meme coins. However, Pepe seems to be slowing down as trading volumes decrease and still, some cryptocurrency analysts believe that Pepe price will reach soon 0.000021 dollars. Pepe is trading comfortably above the $0.000015 support area. A sustained rally could take the price above $0.000020 in June.$PEPE
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