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Bitcoin (BTC) Miner Selling Hits 3 Year Record; Bullish Or Bearish?

source-logo  coingape.com 24 January 2023 14:44, UTC

Bitcoin (BTC) Miner Activity: The ongoing Bitcoin (BTC) rally is strongly supported with similar sentiments in the form of on chain indicators. The positive sentiment is so deeply playing out in the market that even the miners are reluctant to sell their BTC holdings. This could well be a massive bullish sign for potential upside movement in the coming weeks. This is even more important considering the upcoming Fed rate hike announcement from the February FOMC meeting.

coingape.com