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The price has just touched the Hash Rate PoW value, often seen as the lower limit defined by estimated production costs.
$BTC
#btchashrate
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Price did not breakout, now price is trading at support > if price breaks down, next support is at 54-55K range > if price bounces back, next resistance at 61K #btcpanic $BTC
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IRIS tested the support area as expected. We hope that you opened a long position at the support area. The price bounced from the support area and now we may see a move towards the resistance level. The position has printed more than a 17% profit from our entry. Hold the position with a trailing stop loss. Resistance Area: $0.018-$0.019 $IRIS #IrisEnergyUpdate"
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