Bitcoin’s Price Faces Bleak Outlook as Selling Pressure from Miners Surge

De ZyCrypto - acum 11 luni - Timp de citire: 2 minute

Bitcoin’s Price Faces Bleak Outlook as Selling Pressure from Miners Surge

Bitcoin, the world’s largest cryptocurrency, is facing a challenging outlook as selling pressure from miners increases.

Prețul criptomonedei s-a consolidat într-un model strâns, lateral în ultima săptămână, după ce s-a confruntat cu o retragere semnificativă la începutul lunii mai. În mai multe rânduri în această săptămână, prețul a încercat să împingă și să rămână peste 27,000 USD, dar nu a reușit în weekend, diverse elemente fundamentale sugerând că criptomoneda s-ar putea confrunta cu o nouă scădere.

Grafic BTCUSD de TradingView

Minerii își vând monedele

Pe lângă scăderea volumelor de tranzacționare, care poate reflecta lipsa de interes a investitorilor pentru o piață cu volatilitate scăzută, există indicii că Bitcoin mineri ar fi putut juca un rol în recenta scădere a prețului.

Earlier today, onchain analytics firm CryptoQuant took to Twitter to share these observations, stating that there is a high probability that 1,750 BTC has ultimately made its way to Binance, one of the leading cryptocurrency exchanges. CryptoQuant’s assertions came after a thorough examination of various wallets linked to Bitcoin miners by “IT Tech”, an author and analyst at the firm, who tracked the movement of the coins to the exchange.

“There is a high probability that 1750 BTC ultimately went to Binance. Miners’ reserves are decreasing, indicating a selling pressure from the miners’ side,” a scris IT Tech.

Notably, amid declining prices, Bitcoin’s hashrate has also experienced a minor decline in recent days. This decrease indicates a migration of miners away from the Bitcoin ecosystem. As of the current writing, Bitcoin Network Hash Rate was 344.77M, down from 440M on May 2.

These developments raise concerns among market participants, which explains the stagnation of Bitcoinpretul. Bitcoin’s price has been experiencing volatility in recent weeks, with several factors, including regulatory inflation concerns impacting its trajectory. The increasing selling pressure from miners, combined with whale transactions, thus adds another layer of complexity to the market.

Vânzările minerilor vor scădea în curând

Cu toate acestea, în ciuda acestor evoluții, analistul CryptoQuant „BaroVirtual” observă că descărcarea sacilor poate incetineste în curând. 

“From May 5, 2023, Bitcoin miners began to reduce their Bitcoin holdings drastically, and on May 9, 2023, the miner’s net position moved into negative territory, indicating intense pressure from miners. Currently, the miner net position values are in the zone where Bitcoin bounced off in previous times, and the local uptrend continued,” a scris recent expertul. 

According to him, miners could significantly slow down sales when Bitcoin hits the $24,000 target.

Bitcoin traded at $26,853 at press time, down 1.14% in the past 24 hours. In the past week, the price has only managed to gain by 1.73%, as per data from CoinMarketCap.

Sursă originală: ZyCrypto