Mining cost of BTC is usually the bottom price.

The weighted average cash cost to produce one Bitcoin among listed miners is ~US$55,950 in 2024 Q3. It could be higher now as the hashprice has increased marginally. My estimation is ~60K. This means that even though many miners remain profitable at current prices around 79K.

However, there are SG&A, Interest expenses, and depreciation expenses for most of the mining companies; therefore, their actual mining cost is higher.

I doubt that we could see 60K Bitcoin. I would still stick to my 75-79K BTC accumulation plan.

Be aware of the PCE index today. The PCE Price Index annual rate is expected to be 2.8%. If the data exceeds expectations (e.g., ≥2.8%), the market will experience another pullback as there's an expectation of a tougher Fed stance.