BTC: Strong Sales By Miners Are Pushing Price Down

By MakeItReal | MakeItReal | 16 Jun 2024


Hello HODLers!

This morning I was analyzing the reasons for the drop in the price of Bitcoin in the last week and I noticed that Bitcoin miners have sold off a record amount of Bitcoin in the last week: almost 36,000 BTC.
You can check the data at the following link: https://www.tradingview.com/x/ky1I65sb/ 
PS: you can also see this chart on Tradingview by typing BTC_MINERRESERVES

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So nothing particularly worrying in my opinion, the worst drop has been suffered by the alt-coins in recent days.
But I remain very confident in this market in the medium to long term, I continue to accumulate and farm airdrops. And you?

 

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MakeItReal
MakeItReal

🎓Master's degree in Strategic Management 👑Torum Ambassador 📳Admin of Torum Official Italian Group on Telegram 📳Admin of Hard Rock Crypto on Telegram


MakeItReal
MakeItReal

Welcome to my blog! 🚀 Crypto HODLer 🎓 Master's degree in Strategic Management 👑 Torum Ambassador

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