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Bitcoin miners net position turns positive: Is a rally to new highs overdue

Bitcoin miners net position turns positive: Is a rally to new highs overdue



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  1. > All things considered, it seems only a matter of time before Bitcoin surges far past its current high.

    Could be a month, a year, or a decade but I feel this statement will continue to be true at whatever price we reach.

  2. tldr; Bitcoin’s price is consolidating just under the asset’s all-time high of $61,800. Bitcoin miners have continued to accumulate the digital token. The last time miners were accumulating at such levels was back in December 2020, when Bitcoin doubled its value from $20,000 to $40,000.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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