Bitcoin Miners Feel The Heat, More Selling Pressure Might Be Imminent

NewsBTC tomonidan - 1 yil oldin - O'qish vaqti: 3 daqiqa
7-yil 2022-dekabr, chorshanba, 4:08

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?

Ushbu yozuv bo'yicha, 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. 

Bitcoin 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. 

Fed raisi Jerom Pauell pul-kredit siyosatini mo''tadillashtirishga ishora qildi, ammo bu imkoniyat kamroq bo'lishi mumkin. AQShning so'nggi ishonchli iqtisodiy ma'lumotlari foiz stavkalarining keyingi o'sishiga yordam berishi mumkin. 

Bozor dekabr oyi uchun yana 75 ta bazaviy punkt (bps) ko'tarilishi bilan baholanmoqda. Fedning keskinlashuviga qo'shimcha ravishda, Rossiya va Ukraina o'rtasidagi urush bozorning noaniqligini oshiradi. Ommaviy axborot vositalarining sarlavhalarida mojaro bir qadam orqaga ketmoqda, ammo jangovar harakatlar kuchaymoqda. 

#RossiyaPutin yadro urushi xavfi ortib borayotganini aytdi. Putinning aytishicha, Rossiya yadroviy qurolni hujumga javob deb biladi. Rossiyaning yadroviy qurollari mojarolarning oldini oluvchi omil, deydi. pic.twitter.com/5RMIc7UK6A

- Xolger Zsepepts (@Schuldensuehner) Dekabr 7, 2022 

Mahalliy sahnada CryptoQuant ma'lumotlari NewsBTC bilan so'nggi ma'lumotlar bilan o'rtoqlashdi Bitfinex xabar 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.

Qiyinchilikka duchor bo'lgan konchilardan tashqari, bozor BTC egalari tangalarini yo'qotish bilan sotishlarini ko'rmoqda. Sarflangan foyda koeffitsienti (SOPR) ko'rsatkichi birdan yuqori, ya'ni investorlar joriy makro sharoitlar tufayli taslim bo'lib, naqd pul olishadi. 

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.

Asl manba: newsbtc