▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Is Bitcoin on the verge of a spot-driven rally? Recent data reveals Bitcoin miners are facing profitability stress, with margins tightening significantly. We explore how this, combined with a low Dynamic NVT ratio, might actually be a bullish counter signal.
We’ll break down:
– Bitcoin’s current position relative to miner production cost
– The impact of elevated hashrate and collapsing hash prices
– The significance of the Dynamic NVT ratio and its historical performance
Could a miner shakeout pave the way for the next BTC surge? Watch to find out! (Not financial advice, do your own research.)
▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Youtube version