After a dramatic price increase in the past week, Bitcoin’s (BTC), market is continuing to stabilise around $90.000. The first cryptocurrency, BTC, had suffered a significant market correction before these recent gains. Before this, it dropped 36.10% off its previous high, which was around $126,100. In the context of ongoing consolidation, data from Bitcoin miners suggests that Bitcoin may have finally reached its local bottom and is on the verge of a sustainable uptrend.
BorisD shares CryptoQuant QuickTake has an insight which suggests Bitcoin may have formed a local low when it fell to $80,000 at the recent correction. Expert explains this theory by pointing out that Bitcoin miners have historically recorded a status of underpayment, which confirms a bottom in the local market.
Bitcoin miners can become underpaid, for example, when their mining income (block rewards + fees) is below the average cost of operating. The result will be financial stress and forced sales, as well as capitulation by certain miners due to possible bankruptcy.
Bitcoin Miners’ Economics In Influencing Market Ends
BorisD says that Bitcoin miners’ profitability is a constant guiding factor in determining market tops and bottoms. As an example, in the early years of 2024 miner revenues reached high levels due to a strong price rally. A rise in transaction costs and the value of blocks created this situation, which allowed miners profitably to supply their products to market.
Mid-2024 saw the beginning of a market pattern in which capitulation zones were often local bottoms. Zones that had been severely overpaid were topped by market tops and heavy liquid outflows. Notably, this pattern held throughout late 2024, early and mid 2025, during which miners’ revenue alternated between the overpaid and underpaid zone.
BorisD describes how Bitcoin’s Q4 2025 price dropped to about $80,000. This was the result of a deep underpaid mining regime, which culminated in a capitulation phase, an exhaustion from miners-driven pressure for selling, and most importantly confirmed if local prices had reached their bottom.
Bitcoin Market Overview
Bitcoin was trading for $90,898 at the time this article went to press, a slight gain of only 0.64% over the previous 24 hours. While the volume of daily trades is down by 36.32 percent to $35.77 billion, it’s still a significant amount.
According to BorisD, Bitcoin miners’ profitability is expected to continue improving, provided the market price stays above $80,000. This supports the continuation of price growth, which could push Bitcoin to another market high. Analysts remain confident despite the fact that this market cycle is different from previous cycles. broadly optimistic. Bitcoin is expected to not only recover, but also surpass its previous six-figure value.
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Source: www.newsbtc.com
