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One of #Bitcoin 's biggest supply headwinds right now (that no one is taking about) is the increasing miner sell pressure. ATH hash rates, peak difficulty + rapidly rising energy prices have combined to heavily affect mining profitability. With rewards set to be cut in half via the halving, miners may be forced to sell to shore up capital. We can already see this starting to occur, with ATH amounts of $BTC being sent to exchanges from miners.

One of #Bitcoin 's biggest supply headwinds right now (that no one is taking about) is the increasing miner sell pressure.

ATH hash rates, peak difficulty + rapidly rising energy prices have combined to heavily affect mining profitability.

With rewards set to be cut in half via the halving, miners may be forced to sell to shore up capital.

We can already see this starting to occur, with ATH amounts of $BTC being sent to exchanges from miners.

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Cuestionario del sobre rojo
Caduca en 2023-09-29 03:37:19
Do you think Bitcoin will pump in October?
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