Bitcoin Miners Are Accumulating, Can This Trigger ATH Retest?

Bitcoin Miners Are Accumulating, Can This Trigger ATH Retest?
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According to a new CryptoQuant analysis, Bitcoin

BTC
$114 592

24h volatility:
0.5%

Market cap:
$2.28 T

Vol. 24h:
$45.83 B

miners are undergoing a structural shift. This shift is affecting both their behavior and the growing resilience towards the Bitcoin network. It pointed at the Miners’ Position Index (MPI), noting that these miners are accumulating assets.
Bitcoin Halving and Stage of Bull Market Scenarios
Analyst Avocado Onchain explained that sharp increases in MPI were identified to have historically occurred in two scenarios. The first one happened just ahead of a Bitcoin halving event, which usually involves a slash in mining rewards. Following the last BTC halving, which took place on April 20, 2024, mine

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We współpracy z: https://www.coinspeaker.com/bitcoin-miners-are-accumulating-can-this-trigger-ath-retest/

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