Bitcoin miners are facing increasing pressures as the asset's price continues to fall, operational costs rise, and hash rate increases slow down, according to analyst James Check. Despite the challenging conditions, Check suggests that miners are not yet at an "extreme level of stress," but are "teetering on the edge." He also noted a "hash ribbon inversion," indicating a period of difficulty for weaker miners. However, the overall hash rate decline has been just 4%, smaller than during previous periods of miner stress. Fellow analyst Willy Woo believes Bitcoin will recover when "weak miners die and hash rate recovers." Meanwhile, Bitcoin's price fell to a five-week low of $63,550 on June 21, but had recovered to reclaim $64,000 during Asian trading on Saturday.