Bitcoin Miners Avoid Forced Selling: BTC Sits 7.4% Above Last Difficulty Bottom - Overpasses For America
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3 Articles
Bitcoin Miners Avoid Forced Selling: BTC Sits 7.4% Above Last Difficulty Bottom - Overpasses For America
Bitcoin is trading with renewed volatility after successfully pushing back into the previous price range above the $115,000 level. This move signals resilience from the bulls, who are showing strength following several days of panic selling and heightened fears of a deeper correction. Market sentiment, while still cautious, is improving as BTC buyers reclaim ground. Related Reading According to CryptoQuant data, the % BTC price change since the …
Bitcoin Bulls Regain Control as Price Surges Past $115,000
Bitcoin’s recent price action has injected a dose of volatility into the market, with the cryptocurrency successfully reclaiming its position above the $115,000 level. This resilience from the bulls is a notable shift, following a period of panic selling and heightened fears of a deeper correction. While market sentiment remains cautious, the improving outlook suggests that buyers are regaining… Source
Bitcoin miners didn't increase selling pressure despite heavy inflows to Binance. The +7.4% performance after the bottom in mining difficulty indicated that the stress was easing. Read More: Dark Clouds Clearing for Bitcoin: 7.4% Signal of Confidence from Key Metric
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