Bitcoin miners
Bitcoin’s price has stabilized around $115,000 as miners’ reserves level off, which could indicate a potential breakout above $120,000. Market sentiment has improved due to decreasing sell pressure. This stabilization may reflect a shift in miner confidence, often viewed as a precursor to price movements. As miner reserves stabilize, the market is observing how this might impact trading dynamics and investor behavior. Analysts suggest that a sustained period of low sell pressure could lead to significant upward price movement.
