Bitcoin Miners Dey Face Plenty Production Cost Wey Go Up and Fit Sell Dem Waka as Dem Don Get Plenty Money Pass Before
Wetin happen for Bitcoin market recently show say the money wey miners dey make don burst, dem reach $1.52 billion for May 2025 after halving. Even as the cost to produce one Bitcoin don climb pass $91,000, miners still dey make profit because the price dey between $103,000 and $105,000. But this big profit wey miners dey make don reach turning point, because market don slow down since April 2024 halving wey cut block reward by half. The Miner’s Position Index (MPI) don turn positive recently, e fit mean say miners wan carry their Bitcoin go exchange to sell. Na so e dey always be, when this kind tin happen, market go shake or e fit even crash, especially if Bitcoin price go near or fall below wetin e cost to produce am. Since miners profit margin dey reduce and price no dey move much, traders dey confused. If miners sell plenty Bitcoin, e fit cause big price change and Bitcoin fit fall for short time. Crypto traders suppose dey watch how miners dey position and wetin dey happen for on-chain flows to know if market wan change.
Bearish
Di news don show say Bitcoin fit go down because miners dem dey sell am plenty. As mining cost don pass $91,000 for one BTC and Miner’s Position Index (MPI) don turn positive, miners fit dey carry dia Bitcoin go exchange to sell. Even if miners still dey make profit now, after the halving, market no dey move well again, and price dey stay around mining cost. This one dey make am risky say if dem sell plenty, price fit fall well well. Before before, when something like this happen, market dey shake pass normal and miners dey 'capitulate', especially when the price for market dey near how much dem spend to mine am. For short term, this thing fit make BTC market fall sharp sharp, but for long term, network go still dey strong if price no fall below wetin miners spend.