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What will happen to BTC price as bitcoin miners dump their crypto

(Last Updated On: June 25, 2022)

 

These Bitcoin miners seems to be consolidating and selling Bitcoin to stay in business thanks to the recent drops in price.

Here is the deal, as potential majorr  Bitcoin miners might stop mining because they close down, what twill happen to the price of Bitcoin?

  1. WIll it skyrocket as demand is still in place with no new supply?
  2. Will mom and pop shop continue mining but at a bigger level?
  3.  Or as predicted by the Chinese government, will Bitcoin price go to zero?L

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Let me know. Here is the new on all this:

Bitcoin Miners Dump Their BTC Holdings En Masse As Mining Profitability Hits ‘Critical Low’ ⋆ ZyCrypto

Bitcoin Miners Dump Their BTC Holdings En Masse As Mining Profitability Hits ‘Critical Low’ ⋆ ZyCrypto

Bitcoin Miners Contributing To BTC Crash? New Report Sheds Light

Bitcoin Miners Contributing To BTC Crash? New Report Sheds Light

Bitcoin Miner Liquidations Threaten Bitcoin’s Recovery

Bitcoin Miner Liquidations Threaten Bitcoin’s Recovery

Update Jun 25

Bitcoin Mining Data Suggests More Price Dumps Ahead; Details

Bitcoin Mining Data Suggests More Price Dumps Ahead; Details

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

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