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Thursday

13 May 2021

Bitcoin Miners Unfazed by Bears, Stacking Up as BTC/USD Trend Below $60k

Bitcoin Miners Unfazed by Bears, Stacking Up as BTC/USD Trend Below $60k


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Recent data from Glass node reveals that Bitcoin miners have been stacking heavily in the last month.

For their action, the crypto and Bitcoin trading community are upbeat, expecting prices to turn around from spot rates and resume the uptrend mirroring events of Q1 2021.

Notably, the positive MRI comes when Bitcoin prices plunged from around $58k, sinking to as low as $48k.

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Why Fiat Experts Don’t Get Bitcoin
published: 1 hour ago
There are various reasons traditional experts do not understand bitcoin and thus have negative views on it.

sentiment (-0.2) Negative

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btcmanager.com
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