Bitbalance
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We Offer To Provide The Best Possible Signals, Market Analysis & Recaps, Scalping Leverage Calls, Binance Altcoin Signals And Real Time Crypto News By Our Expert Technical Analysis Team.




Admin: @Fil0109
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BTC hashrate recovers nicely, and miners are still in net accumulation

BTC miners are regarded as "smart money" speculators, part of their business success depends on their ability to speculate BTC prices correctly, as it would make a big impact to their profitability.

Despite this industry-wide negative event, BTC miners have been net accumulating inventory since June 2021. This shows that BTC miners are at least expecting BTC prices to go higher than $48k in the future. BTC hash rates also in recovery as former Chinese miners begin mining again overseas.
KEY / USDT⚡️

There's nothing to say. Just another 57% profit.

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