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CoinGape 2024-02-07 12:38:21

Bitcoin Price Faces Headwinds Amid Record Low Miner Reserves, What’s Next?

The recent movements in Bitcoin’s miner reserves have ignited speculation about the BTC’s price trajectory, with some experts suggesting a looming correction to $42,000 before a halving rally. Meanwhile, the anticipation stems from miners’ actions to bolster their balance sheets ahead of April’s halving event, indicating a potential impact on market dynamics. Notably, as Bitcoin’s The post Bitcoin Price Faces Headwinds Amid Record Low Miner Reserves, What’s Next? appeared first on CoinGape .

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