🔥BRUTAL🔥

#BITCOIN HAS NEVER TRADED BELOW ITS PRODUCTION COST FOR A LONG TIME

🧱Today that cost is at $80,000, and historically it has acted as a structural FLOOR for the price

🔹What does this mean⁉️ The chart says it all...

▪️The production cost measures how much it costs to mine 1 BTC (energy + hardware + difficulty)

▪️When the price approaches this level, selling pressure from miners slows down

▪️If BTC drops too far below, the network adjusts, hash rate decreases… and the market finds support

📉In 2015, 2018, 2020, and 2022, it touched that level before a major rebound

📍We are close again. Could this be another opportunity before the next rally?