Bitcoin at risk? Mining stocks are falling, and BTC might be next! | Mining company stocks are declining, raising concerns among Bitcoin (BTC) traders due to a historical trend where BTC prices follow mining stock movements. If the decline in miner market cap continues, it could lead to broader Bitcoin and market declines, particularly if miners must liquidate their holdings to maintain operations. The post-halving environment has intensified challenges for miners, with reduced block rewards and rising costs impacting profitability. As of February 2025, BTC is struggling around $96,362, facing resistance at $100k. Technical indicators show weak momentum and declining buy pressure, suggesting potential volatility and caution among investors, which could also affect altcoins. The next few days are critical in determining Bitcoin's direction. 0 reply
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