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Bitcoin at $70K: Historic Miner Lows Spark Bottom Hunt!
📉🌟
Bitcoin Magazine highlights rebound from $60K capitulation, closing near $70,315 with buy signals flashing.
📈
CryptoSlate: Miner reserves crash, closer to bottom than thought. News: Peter Schiff warns of traps before bear market (Bitcoin.com), but data shows institutional surges.
🧐
Analysis: Correlation with high-growth software sell-offs (Grayscale), yet BTC's dominance at 60% holds firm. Meaning: Scarcity drives value—low reserves mean less selling ahead.
📊
Value: Past cycles show 4x gains post-halving; now's for strategic accumulation. Trade efficiently on Binance—spot, futures, and more!
🔗
#MinerBottom #BitcoinAnalysis
Bitcoin at $70K: Historic Miner Lows Spark Bottom Hunt!
📉🌟
Bitcoin Magazine highlights rebound from $60K capitulation, closing near $70,315 with buy signals flashing.
📈
CryptoSlate: Miner reserves crash, closer to bottom than thought. News: Peter Schiff warns of traps before bear market (Bitcoin.com), but data shows institutional surges.
🧐
Analysis: Correlation with high-growth software sell-offs (Grayscale), yet BTC's dominance at 60% holds firm. Meaning: Scarcity drives value—low reserves mean less selling ahead.
📊
Value: Past cycles show 4x gains post-halving; now's for strategic accumulation. Trade efficiently on Binance—spot, futures, and more!
🔗
#MinerBottom #BitcoinAnalysis
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