RE:RE:Not looking good...
Historically, Bitcoin has made its parabolic run AFTER miner capitulation from the block rewards reduction post-halving. Miners hang on and sell BTC as long as they can, hence the current price decline.
But with Griid's very high per-coin costs (still underwater today) they are clearly in the "at risk" group of miners who may fold... or what I'm seeing as best-case scenario now, they get acquired for their infrastructure and energy contracts by a bigger fish with higher BTC reserves who can better endure the capitulation phase...
THEN maybe $90k is in play.