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coinpedia 2023-12-29 07:13:16

Bitcoin Miners Sell Over 3,000 BTC, Sparking Speculation of an Impending BTC Price Drop

The post Bitcoin Miners Sell Over 3,000 BTC, Sparking Speculation of an Impending BTC Price Drop appeared first on Coinpedia Fintech News After an impressive rally during the fourth quarter, Bitcoin’s (BTC) price has been signaling a possible reversal in the short term. The psychological resistance range between $42k and $44.5k has triggered heightened profit-taking from short-term holders and Bitcoin miners. Furthermore, Bitcoin dominance has slipped below the crucial support level of 52 percent after forming a …

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