#Share1BNBDaily $BTC could be trading within this 4H symme | Crypto Flash on Binance Square

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#Share1BNBDaily $BTC  could be trading within this 4H symmetrical triangle for a few more hours, or even days before breaking out. Let's keep an eye on this pattern. 

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BTC

95,875.5

+0.14%

442

0

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#BNBHitsATH $BNB (#Binance   native token) reached our target as predicted!🚀

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#BNBHitsATH Areas I'd be looking at with $ETH. I don't know whether it's now or in a month, I think we'll see this area. I'm a buyer then.

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#BNBHitsATH #Bitcoin ’in günlük grafiği oldukça dikkat çekici. Eğer boğa flaması formasyonu yukarı yönlü kırılırsa, 128.000 dolar seviyesini hedeflemek mümkün. Bu senaryo gerçekleşirse, yıl sonuna kadar piyasaya sürülen herhangi bir “çimento coin” bile 2-3 kat değer kazanabilir.crystal

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Why doesn’t the HODL strategy of Bitcoin miners make sense? Also, why does buying Bitcoin at the current market price to add it to a mining company’s balance sheet not make sense either? The sole mandate of Bitcoin miners should be: 1. Mine Bitcoin at minimum cost. 2. Sell Bitcoin at the current market price. 3. Make a profit. 4. Cover business expenses. 5. Reinvest remaining funds in mining rigs to grow EHs. 6. Raise funds via convertibles, debt, or ATMs to expand EHs. 7. Repeat the process. Can you imagine gold miners refusing to sell gold at the current market price or buying gold at 2x–3x the mining cost just to add it to the company’s balance sheet? Good business models are organic, efficient, sustainable, and scalable. As a company, you cannot keep diluting shares to cover operating costs and expenses. Your core business should take care of those things. Miners touting their HODL strategy and copying MicroStrategy’s @MicroStrategy playbook without any alternative revenue streams are not focusing on a sustainable business model. They are simply burning cash today and maximizing share dilution for a HODL marketing gimmick that could end very badly. Will they never sell their HODL Bitcoin balance? It’s clear that @saylor and @MicroStrategy won’t sell their Bitcoin because their goal is to create a “Bitcoin bank” from where institutions can borrow Bitcoin for various needs. Alternatively, MicroStrategy could lend its Bitcoin to institutions at a fixed rate to generate cash flow. In contrast, miners will eventually sell most of their Bitcoin holdings because they need to grow their EHs to survive the increasing network hashrate. It makes sense for trillion-dollar companies like $MSFT, $AAPL, and $META, or for highly cash flow-positive companies, to use their cash reserves to buy Bitcoin. Bitcoin mining is not their core business model. They have sustainable business models with decent revenues and profits, along with excess cash that can be used to purchase the apex asset of the entire human race – Bitcoin. $MARA $CLSK $IREN

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