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Tag: Out of Reach

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BTC Miners Drain Their Holdings as $100,000 Target Stays Out of Reach

In Brief BTC miner reserves have dropped to 1.81M BTC, a year-to-date low, as miners sell coins to secure profits or offset rising operational costs. Negative miner netflow highlights sustained sell-offs, signaling potential downward pressure on BTC’s price. Parabolic SAR remains bullish, suggesting BTC could reclaim $99,860 and break $100K if buying pressure outweighs miner…
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