Here is a chart for Bitcoin mining profitabilaty. Here we can see how bitcoin halvening events clearly play a huge roll in volatilaty before the new bull trend.
Stay strong and keep buying. We are in for a great time ahead
The trend is your friend
The chart speaks for itself. The extrapoled price comes from the "2018 miner capitulation" that caused the price to drop 50%. Will we go back to $3,800? Unlikely, but clearly this is possible if the capitulation is as aggressive as 2018. Notably the VPVR is supporting the price target of $3,800, as is the extrapolation, with forecasted price for the block halving...
