According to Mars Finance, crypto analyst PlanB posted on the X platform, "The market is still trading sideways, with a trading range of around 60k, and I can re-enter the market. In addition, Bitcoin is in a bull market, but the rise has not yet come. Miners are still struggling to cope with the consequences of halving. We need the price of Bitcoin to double again to start the bull market." Cryptocurrency analyst Willy Woo commented below his tweet, "At the current BTC pricing, only the latest models of mining machines will be profitable after the halving. As the chart shows, now is usually a good time to buy BTC (and use the latest generation of hardware for mining)."
PlanB: The bull market needs Bitcoin price to double to start
This article is machine translated
Show original
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
