BTC Up 25% — Expert Spots Bullish Miner Signals
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Bitcoin’s 25% April rebound is gaining steam as miner production costs, a historically reliable indicator, signals a potential market bottom.
Bitcoin (BTC) has rebounded sharply in the last three weeks, climbing at least 25% from its April 9 low of just under $74,000 to trade above $96,500 as of early May.
The bounce has come against a backdrop of waning volatility, a drying supply of BTC on exchanges, and increasing on-chain accumulation.
Miner Metrics Signal a Bottom
Beyond the price action, Bitcoin maximalist Robert Breedlove sees a deeper story unfolding, one rooted in miner economics, long-term behavior, and global liquidity trends. According to him, BTC may be on the cusp of a major bull run, with key indicators flashing green.
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