Bitcoin Traders See Short-Term Bearish Target at $60K as Miners Pare Holdings
Briefly

Traders foresee a deeper bitcoin (BTC) price correction in the coming weeks despite a strong equity market and favorable U.S. crypto policies due to selling activity from miners and general profit-taking.
Bitcoin's upper potential may be limited due to miners' cash demand, with on-chain data showing an increase in the transfer of BTC from mining pools to exchanges.
Read at Coindesk
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