$BTC miner pressure returns as recovery meets production-cost stress โ ๏ธ
CryptoQuant data shows miner sell pressure picking up again after Bitcoinโs recent rebound, with miner inflows rising toward a Top-tier exchange. Hash rate is reportedly down around 28% since late October, while mining difficulty has adjusted roughly 20%.
With estimated production cost near $76,000 and spot price around $65,000, many miners remain under margin pressure. This does not automatically mean a breakdown, but it does add supply-side weight that traders should monitor closely.
The key takeaway:
$BTC needs stronger demand absorption to neutralize miner selling. If buyers defend structure despite these inflows, it signals resilience. If not, volatility can expand quickly around liquidity zones.
Not financial advice. Manage your risk.
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