⛏️ BTC Mining Gets Tougher — Difficulty Rises Even as Price
koinmilyoner
Updated at: 4 hours ago
{"content":"⛏️ BTC Mining Gets Tougher — Difficulty Rises Even as Price Swings Wildly
Bitcoin is again in a war between bulls and bears due to selling pressure and uncertainty. Buyers are trying to keep the top cryptocurrency over $110,000, while sellers are defending resistance at $113,000. This impasse has left BTC in a limited range, generating anticipation about the next decisive move.
Maartunn onchain data shows a more hopeful outlook despite pricing volatility. He found that Bitcoin's network fundamentals are solid and improving despite short-term price fluctuations. Based on network activity and adoption metrics, the recent oscillations are more likely due to market fundamentals like liquidity movements and macroeconomic instability than Bitcoin losing momentum.
The figure indicates reluctance, but the network displays resilience and long-term development, highlighting the market's complexity. Bitcoin's solid base might spark a more persistent advance if external constraints lessen as bulls and bears battle at current levels.
Mining costs and Bitcoin difficulty indicate resilience.
Despite price volatility, Maartunn says Bitcoin's network is healthy. Bitcoin Difficulty, which keeps setting new records, is a sign of this strength. Every two weeks, difficulty varies according on mining activity, and continuous rises indicate miners are allocating more processing power to network security.
Additionally, mining a Bitcoin currently costs about $99,100. This number is crucial since it's many miners' breakeven. BTC is slightly around $112,000, so miners are still profitable but losing comfort. If the price drops below $100,000, miner capitulation risks may grow, causing market selling pressure.
However, network fundamentals indicate strength. Difficulty's constant rise and miner commitment imply that players expect higher pricing. Mining expenses approaching market value have followed large higher rises because Bitcoin recovers to sustain mining incentives.
Rising Difficulty and resilient miner activity help Bitcoin's rise in the next months.
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