Good afternoon, brothers. The past two weeks have allowed everyone to hold and buy the dip.
Now it's time to reap the rewards.
Our analysis accurately predicted the market trends,
The cryptocurrency market has launched a major counterattack.
Today, the BTC mining hash rate once reached a historic high of 1000 EH/s,
which is double that of a year ago.
An increasing hash rate indicates more people are mining,
The cost for miners to obtain BTC is getting higher, which is beneficial for the price increase.
According to macromicro's calculations, the current cost for miners to obtain BTC is around $88,000.
When the BTC price significantly deviates from the miners' costs,
for example, when mining can earn over 30% (currently at $113,000),
the risk for BTC becomes very high,
because with large profits, miners will start to sell.
Currently, the BTC MACD daily chart has just formed a golden cross.
The big moves are still to come; returning to high points is not a problem.
The major trends are as follows:
(1) The Federal Reserve's interest rate cut cycle is still ongoing, with possibly three rate cuts in 2025, likely in March, June, and September.
(2) Trump is about to take office, and expectations of BTC being included in the national reserves persist (regardless of whether it can be realized).
(3) In the long term, the consensus around BTC continues to grow:
3.1 After Trump takes office, U.S. tariff policies exacerbate de-globalization, prompting other countries' central banks to buy BTC.
3.2 Expanding debt pressures affect the credit of the dollar, enhancing the status of BTC.
Be patient, hold on, don't miss out, and don't short.
Now it's time to reap the rewards.
Our analysis accurately predicted the market trends,
The cryptocurrency market has launched a major counterattack.
Today, the BTC mining hash rate once reached a historic high of 1000 EH/s,
which is double that of a year ago.
An increasing hash rate indicates more people are mining,
The cost for miners to obtain BTC is getting higher, which is beneficial for the price increase.
According to macromicro's calculations, the current cost for miners to obtain BTC is around $88,000.
When the BTC price significantly deviates from the miners' costs,
for example, when mining can earn over 30% (currently at $113,000),
the risk for BTC becomes very high,
because with large profits, miners will start to sell.
Currently, the BTC MACD daily chart has just formed a golden cross.
The big moves are still to come; returning to high points is not a problem.
The major trends are as follows:
(1) The Federal Reserve's interest rate cut cycle is still ongoing, with possibly three rate cuts in 2025, likely in March, June, and September.
(2) Trump is about to take office, and expectations of BTC being included in the national reserves persist (regardless of whether it can be realized).
(3) In the long term, the consensus around BTC continues to grow:
3.1 After Trump takes office, U.S. tariff policies exacerbate de-globalization, prompting other countries' central banks to buy BTC.
3.2 Expanding debt pressures affect the credit of the dollar, enhancing the status of BTC.
Be patient, hold on, don't miss out, and don't short.