Le NewsBTC - 1 bhliain ó shin - Am Léitheoireachta: 3 nóiméad
Bitcoin Miners Feel The Heat, More Selling Pressure Might Be Imminent
Bitcoin is still stuck in a tight range as market sentiment declines from optimistic to bearish and market participants brace for a possible impact. The cryptocurrency was thriving on the possibility of a positive change in the macroeconomic landscape. Did bulls rush into a trap?
Maidir leis an scríbhinn seo, Bitcoin (BTC) trades at $16,800 with sideways movement in the last 24 hours. In the previous week, the cryptocurrency is holding onto some profits, but there is a chance the bullish trajectory will retrace back to the yearly lows.
Tá praghas BTC ag bogadh go taobh ar an gcairt laethúil. Foinse: Amharc Trádála BTCUSDTBitcoin Miners Will Contribute With The Downside Price Action?
On the macro scene, the U.S. Federal Reserve (Fed) is the biggest hurdle for future Bitcoin profits. The financial institution is trying to bring inflation down by hiking interest rates. This monetary policy has harmed risk-on assets.
Mhol an Cathaoirleach Fed Jerome Powell an beartas airgeadaíochta a mhaolú, ach d'fhéadfadh sé gur lú an seans a bheadh ann. D’fhéadfadh sonraí láidre eacnamaíocha SAM le déanaí tacaíocht a thabhairt do arduithe breise ar rátaí úis.
Tá an margadh ag praghsáil i ardú 75 bonnphointe (bps) eile do mhí na Nollag. Chomh maith le géarú an chothaithe, cuireann an cogadh idir an Rúis agus an Úcráin le neamhchinnteacht an mhargaidh. Tá an choimhlint ag glacadh céim siar i gceannlínte príomhshrutha na meán, ach tá an chogaíocht ag dul i méid.
#RussiaDeir Putin go bhfuil bagairt cogaidh núicléach ag dul i méid. Deir Putin go measann an Rúis airm núicléacha mar fhreagra ar ionsaí. Deir go bhfuil airm nuke na Rúise ina fhachtóir bactha ar choinbhleachtaí. pic.twitter.com/5RMic7UK6A
- Holger Zschaepitz (@Schuldensuehner) Nollaig 7, 2022
Ar an ardán áitiúil, roinntear sonraí ó CryptoQuant le NewsBTC ó na cinn is déanaí Bitfinex tuairisc a thabhairt indicates that BTC miners are “moving a large amount of Bitcoin out of their wallets.” These transactions are often bearish indicators for the cryptocurrency.
Miners take out BTC to sell in the market and cover their operations costs. This selling contributes to BTC’s bearish pressure. Bitfinex noted the following while sharing the chart below:
On the other hand, when the value of the indicator decreases, this indicates that miners are withdrawing coins from their wallets. Such a trend could be bearish for Bitcoin since the miners could be transferring their coins out of their wallets in order to sell them on exchanges. BTC exchange inflows have also increased slightly over the past week after declining significantly over the few weeks prior to that.
Source: CryptoQuant via Bitfinex Alpha Other Factors To ConsiderChomh maith le mianadóirí atá ag streachailt, tá an margadh ag feiceáil sealbhóirí BTC ag díol a gcuid boinn ag caillteanas. Seasann an táscaire Cóimheas Brabúis Chaite (SOPR) os cionn a haon, rud a chiallaíonn go bhfuil infheisteoirí ag caipitliú agus ag airgead tirim mar gheall ar na coinníollacha macra reatha.
Bitfinex highlighted increased retail investors holding BTC as a positive takeaway from this data. These investors are adding to their balance while the price trends to the downside. These investor classes, the report claims, are “resilient in the face of price drawdowns” and could finally put a bottom in the BTC price.
Source: Glassnode via BitfinexFoinse bunaidh: NuachtBTC