Bitcoin Faces a Triple Selling Wave From Miners, Strategy and ETFs

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Trader looking at cracked Bitcoin coin beside declining chart with red arrow.

The post Bitcoin Faces a Triple Selling Wave From Miners, Strategy and ETFs appeared first on Coinpedia Fintech News

Bitcoin is facing selling pressure from several major sources at the same time. Miners have sold BTC, spot Bitcoin ETFs have seen large outflows, and Strategy has stopped adding to its Bitcoin holdings.Meanwhile, Crypto analyst Ali Martinez notes that if selling continues to rise, the next major downside target is near $54,276. Bitcoin Miners and …

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