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Bitcoin Miners Hold Back as BTC Price Declines, Awaiting Future Rally for Profitable Sell-off

Bitcoin Miners Hold Back as BTC Price Declines, Awaiting Future Rally for Profitable Sell-off


CoinOtag
2024-06-22 18:01:52

The recent behavior of Bitcoin miners indicates a significant reduction in BTC transfers to exchanges. Analysts suggest that this trend is driven by expectations of a future price rally for Bitcoin. Accumulating rather than selling, miners show a strategic approach towards potential market uptrends. Bitcoin miners exhibit cautious optimism with reduced exchange transfers, hinting at


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