According to @caprioleio, the ongoing Bitcoin miner exodus has driven estimated Production Cost down to $69K and Electrical Cost to $55K, expanding the potential range for near-term downside for BTC (source: @caprioleio).

According to @caprioleio, $90K is both a technical support level and Bitcoin’s estimated production cost, creating a confluence that may favor a local bounce in BTC price action (source: @caprioleio on X, Nov 18, 2025). @caprioleio states this level should be good for a local bounce, highlighting its relevance for near-term trading focus (source: @caprioleio on X, Nov 18, 2025).