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Bitcoin miners halt sales as BTC gains 20% since hash ribbon 'buy' signal

Bitcoin miners halt sales as BTC gains 20% since hash ribbon 'buy' signal
© Copyright Image: CurrencyCrypt

Bitcoin miners may be in the midst of reversing a lengthy selling trend which has become all the more intense since late 2023, the latest data shows.

Key points:

Bitcoin miners have stopped selling their BTC in what may signal the end of a lengthy distribution streak.

Over the past month, miner wallet balances have increased by around 2,700 BTC.

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The post Bitcoin miners halt sales as BTC gains 20% since hash ribbon 'buy' signal first appeared on CurrencyCrypt.

Read more: https://currencycrypt.net/bitcoin-miners-halt-sales-as-btc-gains-20-since-hash-ribbon-buy-signal/

Text source: CurrencyCrypt

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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