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As Bitcoin miners dump $10 billion BTC, should you hold or sell?

The Pi Cycle Top indicator suggested a rally above $120K could trigger an overheated BTC market and potential cycle top.

- Miners sold over 110,000 BTC in a week; will it stall price rally? 
- There was little room for growth before euphoria hit BTC markets per cycle tops indicators. 

Bitcoin [BTC] miners’ selling pressure has intensified as the price of BTC crossed $90K. Between the 10th to the 17th of November, miners sold over 110K BTC, valued at nearly $10 billion, in a week. 

The highest daily sell-off, 25 367 BTC (worth $2.2B), occurred on the 12th of November as the miners’ dump intensified.

As Bitcoin miners dump $10 billion BTC, should you hold or sell?

The Pi Cycle Top indicator suggested a rally above $120K could trigger an overheated BTC market and potential cycle top.

- Miners sold over 110,000 BTC in a week; will it stall price rally? 
- There was little room for growth before euphoria hit BTC markets per cycle tops indicators. 

Bitcoin [BTC] miners’ selling pressure has intensified as the price of BTC crossed $90K. Between the 10th to the 17th of November, miners sold over 110K BTC, valued at nearly $10 billion, in a week. 

The highest daily sell-off, 25 367 BTC (worth $2.2B), occurred on the 12th of November as the miners’ dump intensified. https://ambcrypto.com/as-bitcoin-miners-dump-10-billion-btc-should-you-hold-or-sell/