According to Glassnode, BTC’s 4-year Compound Annual Growth Rate (CAGR) has dropped to an all-time low of 14.5% 📉
CAGR is one of the most accurate ways to measure long-term returns for volatile assets like Bitcoin. While growth has slowed, historically, low CAGR levels have been prime accumulation zones for long-term believers. #bitcoin #TransformedTrading #crypto
There is no profit for Miners at current rate 60k. Similar situation was at 15k. There was so little time BTC was traded below Electricity cost. Retail miners already shut down their equipments after Halving. Electricity is 60k | Total cost is 100k. There is no profit for miners if BTC is being traded below 100k. HOLD BTC instead of MINING