LIVELittle discussion on BTC trend ๐ฐ๐๐
A theory is circulating on crypto world. An electricity cost for mining a bitcoin never increased a price of a bitcoin. It means the energy cost never increased above the price of bitcoin. For example if the cost to mine 1 bitcoin is 30k then the price of bitcoin 35k.
From 2009 to till now electricity index is below the btc price. So currently btc electricity price index price is running on 59k to 60k.
So the experts are saying that the btc price never ever go below to 59k.
Time will give the answer.
But we will say that the next bottom of btc remain above 60k
If this theory will be right then 60k is the bottom so what is the top of the btc?
Experts says 180k.๐๐๐๐๐๐๐๐๐๐๐
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