#Bitcoin is breaking the level I mentioned yesterday.
If we get a daily close below it, I’ll consider a short toward the 75k area. This would also work as a hedge against the #Ethereum long I shared with you.
$TNSR gave a breakout of the falling wedge #pattern and tapped into the resistance area exactly. Price rejected it and now made a new lower low, reached the support zone too. Once the price breaks the area, you can build a short position and go long only after the rejection in HTF. #crypto
⛏📉 #BTC According to Bloomberg, Bitcoin’s key #mining profitability metric, hash price, has fallen to a record low of about $0.03 per terahash, based on #data from Luxor Technology. The next biweekly difficulty adjustment is expected to decline by more than 13%. Although some miners are shifting #data centers toward #AI workloads to diversify revenue, most income still comes from mining, with rising power costs and weather-related outages further squeezing industry margins. #crypto