Bitcoin is under selling pressure coming from miners. In fact, Miners revenue has significantly dropped since last year and will keep decrease due to the halving. Shall we see a consolidation of the BTC or a bullish trend?
Current support/resistance: $6'000/$6'700
MACD still is in the green. The RSI at 45 shows no sign of BTC being overbought nor oversold. Usually high volatility comes with huge selling pressure. There is not that much volatility at the moment. Are miners getting ready to sell their mining rewards ?
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