{"id":138180,"date":"2026-02-26T12:21:29","date_gmt":"2026-02-26T12:21:29","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=138180"},"modified":"2026-02-26T12:21:29","modified_gmt":"2026-02-26T12:21:29","slug":"bitcoin-mining-capitulation-nears-end-is-a-btc-usd-price-bottom-forming","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=138180","title":{"rendered":"Bitcoin Mining Capitulation Nears End: Is a BTC USD Price Bottom Forming?"},"content":{"rendered":"

One of the longest, most painful periods of Bitcoin mining stress is finally nearing its end, and the data suggests the worst of the drawdown may be behind us. The Hash Ribbon indicator, a reliable metric for spotting market bottoms, may be dangerously close to a recovery after three months of capitulation. But, is this just a temporary pause, or is a true BTC USD price bottom finally forming? Notably, the 2022 bottom occurred near $15,500 exactly when miners were under peak stress.<\/p>\n

Bitcoin is currently trading below its average production cost of approximately $68,000. This is a rare anomaly, where Bitcoin purchases on the open market are for arguably less than it costs a miner to create it.<\/p>\n

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