#BERAonBinance Miners' returns were at their highest at Bitcoin's major peaks.
Those who watched the April 2024 peak thought that Bitcoin had finished rising with the strong and historic rise in miners' returns, meaning that they sold quantities at levels of 74,000
But today Bitcoin achieved 50% higher prices, and yet miners refrained from pumping quantities into the market because they expected higher prices. We notice the calmness and fluctuation of the indicator between 40M - 60M