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CoinOtag 2024-07-10 14:43:47

Bitcoin Miner Capitulation Persists: Long-Term Bullish Outlook Amid Market Boredom

Bitcoin miners play a crucial role within the blockchain ecosystem, and their actions can provide significant market insights. Ki Young Ju, founder of the analytics platform Cryptoquant, has been closely monitoring miner activities to predict future market movements. “Bitcoin miners are currently in a capitulation phase,” notes Ju, indicating a sustained bearish trend in the

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