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Bitcoin is desperately below cost, according to metrics before halving

1 min read
Bitcoin is desperately below cost, according to metrics before halving

The International Monetary Fund has said that the global financial recession is coming. Despite this fact, the key cryptocurrency Bitcoin is doing very well. It quickly settled above $ 6000 and slowly scratches up and up. Most metrics that use a long period are already reporting underestimation. And just before the Bitcoin holiday, its halving.

 

The International Monetary Fund has announced the arrival of the global financial recession. However, markets quickly knocked this news out. Likewise, the price of the cryptocurrency king did not move. It seems that Bitcoin is harshly exploiting its fundamental power, which is based on the approaching halving.

 

The well-known analyst @CryptoMichNL wrote on Twitter:

 

The avalanche, however, was caused by The Moon, which is extremely well-known among the community for its quality analyzes. In the comments below the aforementioned tweet he wrote:

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