Category: Capitulated
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More Pain For BTC Incoming? Miners Haven’t Capitulated Yet
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There has been growing speculation about Bitcoin miners capitulating as hash rate increases slow, operating costs increase, and asset prices continue to decline. Analyst James Cheek assessed selling pressure from miners to determine the severity of the miners’ sell-off in a video on June 21. He said that miners selling…
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More Pain For BTC Incoming? Miners Haven’t Capitulated Yet
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There has been growing speculation about Bitcoin miners capitulating as hash rate increases slow, operating costs increase, and asset prices continue to decline. Analyst James Cheek assessed selling pressure from miners to determine the severity of the miners’ sell-off in a video on June 21. He said that miners selling…