Thursday, June 06, 2024

Current ₿ price of $0.07m could last another 245 days before miner stashes are exhausted.


#Bitcoin miners have according to this chart, another 1.75m coins ready to be sold. 

This explains why the price isn't rising even with $500m-1bn inflows into ETFs per day. 

At  current price  we  have  245  more  days  to  go  before  we  could  break #btc at $0.07m. If the miners stop selling, all bets are off of course. 

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