Published 15 Jun 2026, 14:28 UTC · fetched 3 Nov 2026, 10:55 UTC
Ignas
@DefiIgnas
In reply to · 15 Jun 2026, 10:55 UTC · context given to the AI
BTC is now cheaper to buy than to mine. That is the first of several bullish signals. Miners don't prefer to mine BTC at a loss. When the process becomes unprofitable, they stop mining and wait for more favorable market conditions. The same direction shows up in the rest of the data as well: 1. More than half of all BTC is sitting at a loss, which usually means sellers are exhausted 2. Lifetime inflows are still ~$55B, even after the worst ETF outflow stretch since launch 3. @BlackRock just filed for a yield-paying BTC ETF, which would open the door to a whole group of buyers who were sidelined Ngl, demand is still missing. But that's normal when the Fear & Greed Index at 18 is still signaling extreme fear. Too many signs for me to ignore.@stacy_muur I believe soon ppl will forget about the Saylor fud. ANd it would help if core devs took quantum risks more seriously but that is also years away. So pure sentiment-wise we can flip bullish in no time.View original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Awaiting manual review
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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