Bitcoin started this week with an upward trend after closing red for 8 consecutive weeks. Bitcoin, which has risen by about 1% in the last 24 hours, is hovering around $ 30,460 at the time of writing.
Famous crypto analyst Lark Davis made a speech on Twitter this morning at TSI. in sharing shared a chart. According to the chart, Bitcoin’s approximate 22 thousand dollars found in levels 200 moves He predicted that he could make a comeback with support from the average.
According to On-Chain data and analytics platform CryptoQuant, Bitcoin has seen a steady rise in hashrate on the network, trading 56% below its all-time high (ATH).
According to the data shared by the company, with the increase in the hash rate, the miners have The number of Bitcoins is also increasing. For this reason, it is thought that miners can sell their Bitcoins to meet their expenses.
With the increase in the hash rate, it is estimated that the presence of more Bitcoins in miners’ wallets may increase the selling pressure. price At 32,700 levels Miners, who cannot profit from the Bitcoins they have obtained, but can meet their expenses, are currently around $30,000 if they sell in Bitcoin found they are hurting.
In addition, cryptocurrencies in the top 10 according to CoinMarketCap’s ranking are also today. 1% to 4% rise showed.