🚨 Are miners selling? Historical parallels for BTC!
Miners are holding a record low amount of BTC — levels similar to those observed only in 2019.
What does this mean:
1️⃣ Miners are selling more BTC. They are likely taking profits or covering operational expenses.
2️⃣ Decreased pressure on price. As miners’ supply decreases, their influence on the market diminishes.
💡 In 2019, a similar situation led to increased bullish sentiment and price growth.
Could history repeat itself?
📊 Keep an eye on changes in hash rate and exchange flows to stay informed!
What do you think? Is it time to buy or is it too early to draw conclusions? ⬇️