Bitcoin hits price level it always defend and the current BTC mining cost matters

Trader Plan C recently surfaced a chart indicating a production-cost model placing Bitcoin's marginal mining expense at approximately $67,000, with historical price action showing repeated bounces off that red line. He added that “commodities rarely trade below their cost of production.” The hook is clean, the logic is intuitive, but the reality beneath Bitcoin's latest […] The post Bitcoin hits price level it always defend and the current BTC mining cost matters appeared first on CryptoSlate.