The production cost of Bitcoin historically works as a bottom indicator, because below this price it is simply not profitable to mine $BTC.
Bitcoin's energy value is the fundamental price, historically, Bitcoin has followed it, deviating to one side or the other depending on the moment of the cycle🔄
As for seasonality, although most expect a positive one from October, I think this is a special case when the majority will not be mistaken🗓️
Bitcoin's energy value is the fundamental price, historically, Bitcoin has followed it, deviating to one side or the other depending on the moment of the cycle🔄
As for seasonality, although most expect a positive one from October, I think this is a special case when the majority will not be mistaken🗓️