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IS BITCOIN ABOUT TO TEST MINER SURVIVAL? Historically, BTC often finds support near its raw production cost. Right now, that zone sits around $59,000–$60,000. This is where things get uncomfortable. If price stays there long enough, miner margins get squeezed and capitulation pressure builds. Possible scenarios: 1/ some miners pull the plug 2/ some redirect part of their power to AI 3/ $60k holds and price bounces No guaranteed floor. But this is where stress starts.

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