Yes, this is one of the main reasons miners are selling harder now. When it costs around $78,000 to mine one Bitcoin, but $BTC trades near $62,500, the math starts to hurt very fast. According to JPMorgan, roughly 20% of miners are now operating at a loss. For those miners, selling Bitcoin is not always a market call. Sometimes it is simply the only way to cover electricity, debt, equipment and daily operating costs. But this is also how the network adjusts. Higher-cost miners shut down, difficulty and hashrate fall, and the pressure slowly gets cleared from the system. If large holders keep accumulating during this weak sentiment phase, miner selling may end up looking less like panic - and more like part of the reset before the next bullish turn. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#