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What’s next for BTC as Bitcoin miners cash in over 27 million USD?

Bitcoin miners have offloaded over 27 million USD, which may affect BTC’s ability to sustain its price momentum. The cryptocurrency is at a critical resistance level of 87,000 USD amid increasing selling pressure from miners.

Historically, profit-taking by miners signals a potential cooling period for Bitcoin’s rally, possibly leading to consolidation or retracement. Observing miner selling patterns is vital for traders looking to predict BTC’s next moves.

This is community-generated content, not advice from ONUS.
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