"Gold Finance reported that PlanB, a crypto analyst, posted on X saying, 'The market is still in a sideways consolidation phase, trading around $60k. I can re-enter. Also, Bitcoin is in a bull market, but the rally is yet to come. Miners are still struggling with the impact of the halving. We need Bitcoin to double in price to kickstart the bull run.'"

"Willy Woo, a renowned cryptocurrency analyst, commented below his tweet, 'With current BTC pricing, only the newest model mining rigs are profitable after the halving. As the charts show, this is generally a good time to buy BTC (and mine with the latest generation hardware).'"