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cryptonews 2024-01-16 20:07:42

Bitcoin Price Prediction as Miners’ Sell-Off Intensifies – Is a Further Drop Inevitable?

In recent developments, Bitcoin price prediction turned bearish as the Bitcoin Miners’ Position Index (MPI) witnessed a remarkable surge, reaching 9.43 on January 12. This significant increase has sparked interest and concern among cryptocurrency investors and enthusiasts. The rising MPI, a key indicator of miners’ behavior, suggests an increased movement of Bitcoin holdings, potentially signaling The post Bitcoin Price Prediction as Miners’ Sell-Off Intensifies – Is a Further Drop Inevitable? appeared first on Cryptonews .

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