Part 12/14:
The current cost basis for short-term holders—around $60,000—provides a solid floor in the market, suggesting minimal risk of a major downturn unless a significant macro event occurs. Analysts like Plan B, famed for the stock-to-flow model, suggest that buying now under $70,000 could be a prime entry point—especially considering the future trajectory toward $120,000 or more.
Energy Economics and the Future of Mining
Mining’s energy consumption remains a hot topic, with the current average cost to produce one Bitcoin pegged at $52,800. Profitability persists for efficient operations, and as Bitcoin’s price approaches new all-time highs, mining firms remain well-positioned to capitalize on the increasing scarcity.