02-07-2024 05:30 via newsbtc.com

Bitcoin Q3 Rally Possible As Miner Selloff Finishes, Quant Says

A quant has explained how a rally could be possible for Bitcoin in this third quarter of 2024 as miner selling pressure has disappeared.
Bitcoin Miners Appear To Have Stopped Their Selling
In a CryptoQuant Quicktake post, an analyst has talked about how the selling pressure concerns from miners have resolved recently. There are two on-chain indicators of focus here.The first of these is the “Miner to Exchange Transactions,” which, as its name suggests, keeps track of the total number
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