The market is not good recently. The MA120 of the $BTC daily lines has been broken. The so-called MA120 is the dividing line between strong bulls and bears. Many people have withdrawn and run away because of this. So what will the market be like in the second half of the year:

First let me say the conclusion - it won't fall much.

Reason 1: The cost of mining BTC is still around 52,000 for normal distribution (85% is in this range). There are quite a few machines with a cost price of 6w. If it falls, it will only fall to 55,000. It is almost impossible to fall further.

Reason 2: If 10-15% of the cost line is calculated as a bottom line, it is about 59,800. Let's assume that it is a strong bottom of about 6w. As for whether it will go, I don't know. But even if it is calculated now, there is only a 10% decline space.

Reason 3: The deposit price of large investors and large funds is now around 6-6.1w (10,000+BTC purchase volume), which is equivalent to 95% off the current price. Then we will calculate that if it really goes to 6w, large investors will still buy at a 95% discount.

That's only 57,000

Reason 4: As mentioned in 3, the deposit effect of large investors is a long-tail effect, and the price feedback it brings is lagging

In summary, 57,000-60,000 is the bottom. If $BTC has a chance to go to 60,000, copy it

The above is only for $BTC