miners have always played a crucial role in deciding the path BTC takes in terms of its price action. Hence, it’s worth looking at a particular trend recently seen on the mining front, one that can possibly spur a hike in the crypto’s price in the coming days.underlined this very trend. After the fourth BTC halving, mining rewards declined. As a result, mining activity fell and miners began selling Bitcoin in OTC transactions to cover mining operation costs.
This meant that selling pressure from miners diminished, which might create a situation where BTC could regain bullish momentum. In 2022, this incident indicated a market bottom. If history repeats itself, then BTC might soon flip bullish.
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