Bitcoin miners have sent a record-breaking $128 million to exchanges, indicating high exchange interaction. This has historically been followed by a price correction in Bitcoin’s value. The article suggests that BTC may be awaiting another price dip. However, it is not solely the miners’ fault, as investors in general have also been selling BTC at a profit. Net deposits on exchanges have been high, further indicating significant selling pressure. The analysis of BTC’s daily chart shows bullish indicators, with the bulls ahead of the bears. The content emphasizes that trading cryptocurrencies carries high risk and advises readers to conduct their own research.
AI Sentiment: Positive
