Bitcoin miners are selling off holdings as BTC struggles to maintain upward momentum amid rising market uncertainty.
A dip in the BTC miner reserve signals reduced confidence, with miners offloading coins due to potential losses or rising costs.
The Miners' Position Index has climbed 55%, reflecting increased selling pressure from miners, hinting at a potential price correction for $BTC
BTC.
promoOver the past two weeks, leading coin Bitcoin (BTC) has struggled to maintain upward momentum, losing its grip on key support levels amid rising fear and volatility.
As market uncertainty climbs, Bitcoin miners appear to be pulling back, signaling a gradual reduction in their exposure and hinting at their intentions to sell.#BTC110KToday? #NextFedChairCandidate #BinanceHODLerSAHARA #NEWTBinanceHODLer