Bitcoin miner inflows to Binance soar as BTC struggles to hold uptrend: Is $70K next?
Hex37's read
- Bitcoin miner inflows to Binance are increasing.
- BTC price is facing downside pressure.
- Spot demand for Bitcoin appears to be weakening.
What it means for traders
- Increased miner selling pressure could lead to further BTC price declines.
- Watch for a break below key support levels if selling pressure intensifies.
Affected markets
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