Bitcoin Hovers Near Production Cost as Bull/Bear Line Tightens

"Bitcoin is currently trading at a level that is very close to its production cost, suggesting that the market is experiencing significant pressure as the threshold between bullish and bearish sentiment becomes increasingly narrow. This situation indicates a pivotal moment for investors and traders, as the delicate balance between supply and demand is influencing the cryptocurrency's price movements." source: https://www.coindesk.com/markets/2025/12/03/bitcoin-hovers-near-production-cost-as-bull-bear-line-tightens