Bitcoin below $80K — this is not a crash, but a hunt for miners

Bloomberg is buzzing again about the dip to $50K. But come on, let's forget about the Twitter arguments and look at the real numbers — they're much more interesting.

Where Bitcoin Stops Being Profitable

Antminer S19 is the skeleton of the network, which still carries hashing power. At an electricity price of $0.06/kWh, this device pays off at around $97K for BTC. According to stricter calculations, a minimum of $0.05-0.08/kWh and a price above $80K are needed.

What happens below this level? Miners with expensive energy go into loss. At $60K —there is already a mass shutdown of equipment. This is not a version, but an iron economy.

How it works

The scenario is as old as time:

1. The media is spreading a bearish narrative about the crash
2. The price is dipping to $80K and below
3. Miners start to dump reserves to cover losses
4. Panic among retailers intensifies the dip
5. Whales quietly accumulate at the lows, knowing: it won't stay below the cost price for long.

Main

This is not a prediction of the end of Bitcoin. This is a description of the tactical goal of the short game – to push the price down to the point where the last ones give up, and then turn around in a rally. The seasoned investor does not look at headlines but at the mining difficulty chart and the cost of electricity. That is the real price.