BLKJaguar91

Miners Production Cost & Annual profit margin

Long
BITFINEX:BTCUSD   Bitcoin
Based on Interesting Indicators found recently.

no need to read but give me an any Idea/comment/critic will be helpfull to me get to the next level.
so its not much of a technical analysis or Drawing on chart.


There are many reliable ideas that have already been released,
but in order to examine my perspective,
I had to draw it myself to understand it, so I(as a beginner) post it like a diary.
So there ain't no much to it, so please don't laugh at it too much.

The la BTCUSDSHORTS rger the gap between Bitcoin mining production costs and Bitcoin prices, the higher the intensity/frequency of the bearish market.
However, I don't think there will be a bitcoin crash like in 2018.

Soldiers, who first experienced the joy and fear of Crypto Market in 2018,
shouts "Again 2018! Again 2018!" like grandfathers suffering from 'Vietnam War trauma' whenever the fear index rises.

Reliable investment institutions become supporters of intelligent investors,
also The Hodler's cases, which started with big losses in 2018 and turned into big profits in 2021, are the basis for the beliefs of new novice investors.
Due to success stories known through the media, YouTubers, and communities over the past year, those who have not GRADUATED have no choice but to remain in the market. (Like me...)

so I don't think "the winter" will come unless there are major negative factors such as the financial crisis.
Of course, I don't know the global financial market.

btw I'm tired gotta go sleep... will comment later
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