While others keep posting FEAR and posting "history will rep | NaYo en Binance Square

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While others keep posting FEAR and posting "history will repeat it self" I think they had forgot in 2019-2022 there is global pandemic named COVID that affecting global economic around the world so if they want "history repeat it self" thats mean they want World War, Global Pandemic or others global accidents that will affecting economic around the world
For now #BTC had done halving process and just like my prediction as you can see in my quoted post it was not going too far from $60k level but whats next ?
In few days its seem BTC will make some corrections by going down but fear not as long there is no global accidents that can shake global economy $61k range is the worst level BTC will visit since the mining costs has been doubled and to move to another country that can provide lower electricity will need lots of investments which I think is the cause BTC will going down
As meme coins in my watch list #BOME #FLOKI #PEPE #SHIBA it look they were ready to pump and only waiting BTC signal for going up
As always DYOR
God bless

LIVE

NaYo

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#BTC Mining Costs and Why BTC Will Not Go Down Too Far Under $60000

I know lots of posts in Binance Square trying to create FEAR and posting BTC price will go down under $60k even reaching under $50k but as you can see in my quoted post, I had made predictions about BTC will not going down under $50k because there is lots of factors that will prevent it except when there is global accidents such as World War, global pandemic like Covid

As a prove of my statements in my quoted post I'm giving you BTC mining cost at April 16'2024 which is about $52k (see image) and this cost is the cost before halving, can you imagine the cost of BTC mining after halving ?

I believe the cost is not included with miner investors interest rates and other factors too also as you can see in BTC chart that whales trying to drag BTC down under $60000 but always failed and only successful doing it one time by making panic selling to around $59600 that also got rebound quickly to $60k again

So in my opinion this year halving will not repeat the history of BTC halving which will also affecting altcoins specially coins that had high volatility such as #BOME #FLOKI #PEPE

Do not be afraid and driven by FEAR because BTC halving will happen in 2 days while BTC price still moving around $60-$62k which is a good sign

As always DYOR and dont let yourself driven by greed and fear

God bless

Aviso legal: Se incluyen opiniones de terceros. Esto no respresenta una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.

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