Saad Ullah
⬤ Bitcoin is trading way above what it costs to mine using just electricity—we're talking $91,319 compared to an electrical cost baseline around $71,000. That's a threshold BTC has never broken below in its entire history. The gap between market price and mining costs keeps getting wider, with both miner price and full production cost trending upward alongside Bitcoin itself.
⬤ Bitcoin has always shown respect for its major cost levels, and right now those numbers tell an interesting story. Miner price sits near $110,766 while production cost is around $88,843, creating multiple support layers under the current price. Even after dropping more than 16 percent recently, BTC is still comfortably above every significant cost threshold that matters to miners.
⬤ Looking at Bitcoin's history, it's used these cost levels as launching pads before major rallies. The current setup looks similar—BTC is consolidating between production cost and miner price after a strong run-up. When Bitcoin holds well above electrical cost during corrections, it usually signals the overall market structure is still healthy despite short-term turbulence.
⬤ Miner economics are basically the backbone of Bitcoin's price stability. When BTC trades significantly above electrical and production costs, miners operate with healthy profit margins. That means less forced selling, more network security, and generally stronger market fundamentals supporting the price from below.
Saad Ullah
