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📊 $BTC miners have reduced their BTC sales ahead of the halving, which could benefit the market in the short term.

📊 $BTC miners have reduced their BTC sales ahead of the halving, which could benefit the market in the short term.

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🤑 $BTC #Santiment : bitcoin's market value has rebounded to $59.3K, and the percentage of the network's available supply in profit is at 84.4%. This BTC ratio is at its lowest level in 2 months. Lower levels generally justify more bullish conditions.
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⛏ $BTC #CryptoQuant : There's still not a major bitcoin miner capitulation as mining operations with access to efficient equipment and low cost electricity continue to be profitable. In contrast, retail miners with older equipment and higher electricity costs are not profitable. Chart shows break-even cost of different ASICs and the range of electricity cost for miners (red and green areas).
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🤔 $BTC #Santiment : The last three times the bitcoin 30-day #MVRV dropped below -9% in the last two years, the price of BTC surged by 64%, 63%, and 99%, respectively. The BTC 30-day MVRV is currently at -11.6%, suggesting it may be time to buy the dip!
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🎢 $BTC Ali Martinez: By rising above $66,250, bitcoin will gain the strength to push towards $69,150. And if this resistance barrier is breached, then BTC can advance toward a new all-time high of $92,190.
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🐳 $ADA #Santiment : Cardano's whale transactions exceeding $100K in value has exploded to the highest amount since November 8th. These spikes in whale activity historically correlate with potential price reversals. ADA's market cap has shrunk -43% since March 13th.
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