10x Research: Bitcoin miners are expected to sell $5 billion worth of BTC after the halving
10x Research has released an analytical article stating that as Bitcoin mining companies prepare to sell most of their Bitcoin inventory, the cryptocurrency market may face significant challenges during a six-month summer calm period. These inventories, carefully built up over the past few months, could disrupt market dynamics. The analysis suggests that after halving, Bitcoin miners might liquidate $5 billion worth of BTC. This selling suspense could last for four to six months, explaining why Bitcoin might consolidate sideways in the coming months.
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