CryptoNeutralNewsBTC · 4h ago6/10
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Bitcoin’s “Electrical Cost” Suggests Possible Bear Market Floor Near $50,000 — Analyst
On-chain analyst Ted Pillows argues that Bitcoin's bear market floor likely sits near $50,000, based on the Electrical Cost model that measures mining production costs through electricity consumption. While some analysts predict Bitcoin could fall to $25,000, historical data shows bear markets rarely breach this fundamental cost threshold, though extraordinary global events could temporarily override this support level.
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