Miner capitulation is OVER.
$BTC miner revenue up 78% since July lows per CryptoQuant. Extreme outflows gone. Hash rate recovering.
Miners aren't accumulating yet, but they've stopped dumping supply into the market. That's the shift.
Less sell pressure = bullish structure forming. Watch for accumulation phase next.
$BTC miner revenue up 78% since July lows per CryptoQuant. Extreme outflows gone. Hash rate recovering.
Miners aren't accumulating yet, but they've stopped dumping supply into the market. That's the shift.
Less sell pressure = bullish structure forming. Watch for accumulation phase next.