BTC = $8900. Global reversal. 0.5 Fibonacci level in November 2022 did not work, all the growth was false. Many people will lose money in altcoins, there will be no altseason because the bear market HAS COME. I talked about this 4 months ago, look at my forecasts.
BTC is very energy-intensive. The network of miners and ASICs consumes a huge amount of energy that could be used to produce goods and services.