According to @CrypNuevo, Bitcoin’s estimated mining cost is around $74,000 and has historically acted as a long-term support level for BTC price, implying a potential price floor near this zone (source: @CrypNuevo). According to @CrypNuevo, the current BTC spot price is very close to this production cost, suggesting downside from here is limited when using mining cost as a valuation anchor (source: @CrypNuevo). According to @CrypNuevo, BTC price rarely remains below this mining cost for extended periods, reinforcing the $74K area as a key support for traders to monitor (source: @CrypNuevo).

According to Trader_XO, the recent analysis highlights a potential unwind scenario for BTC, with emphasis on the mechanisms and reasons for a downside risk. The referenced tweet covers key technical levels and triggers that could accelerate sell-offs, urging traders to watch for cascading liquidations and support breaches. This information is critical for short-term Bitcoin traders managing risk, especially as volatility remains elevated (source: Trader_XO on Twitter, June 20, 2025).