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Mining Cost Expectations Suggest Possible Price Drop to $60K
And why is it the end? The average cost of mining is about 80,000, so it could easily go down to 60,000. Not right now, of course, but during a bearish phase.
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AI Analysis
The opinion points out that the average mining cost is approximately 80,000, which sets a baseline for the minimum sustainable price level. When market prices fall below this level, mining operations ...
AI Recommendation
Given the analysis, investors should remain cautious during bearish phases, recognizing that prices may temporarily dip towards the 60,000 level aligned with mining costs. It could be a buying opportu...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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