The post Bitcoin price prediction – Is BTC’s bottom in? If so, what’s next… appeared on BitcoinEthereumNews.com. Bitcoin [BTC] has staged an impressive recovery, with the asset continuing to hover above the $90,000 level on the chart. At press time, BTC was trading at approximately $92,536, after failing to overcome the $93,000 resistance level. Recent developments suggest that another rally could be approaching and that a broader recovery may already be underway. Miner activity gives the first hint Miners are signaling that a potential Bitcoin rally remains on the horizon. Previously, this same group contributed to the recent price decline when the 30‑day Mean Hash Rate crossed below both the 60‑day and 100‑day averages. In simpler terms, this shift often reflects reduced miner activity and lower exposure to Bitcoin. Historically, such movements have weighed negatively on price action. However, the pattern has now changed, as confidence appears to be returning among miners, based on recent shifts in their Bitcoin reserves. Source: CryptoQuant Miner Bitcoin reserves provide clear insight into what this group is doing with its holdings. A rising reserve suggests lower selling pressure, which in turn reduces the amount of Bitcoin in circulation and strengthens the broader bullish outlook. Between the 26th of November and the 5th of December, miner reserves have climbed to a new high of approximately 1.8 million BTC. Other factors in play Miners were not the only participants selling Bitcoin. Other market participants also offloaded holdings, adding to overall selling pressure. Bitcoin’s active supply, which represents the circulating amount of BTC, surged as both long-term and short-term holders continued to sell their assets. This period also coincided with widespread capitulation. Alphratal, an on-chain analytics platform, noted that much of this selling was forced and lacked strong technical justification. Source: Alphractal Interestingly, historical data shows that when rising active supply, a plunging hash rate, and forced selling converge, it often marks a favorable turning… The post Bitcoin price prediction – Is BTC’s bottom in? If so, what’s next… appeared on BitcoinEthereumNews.com. Bitcoin [BTC] has staged an impressive recovery, with the asset continuing to hover above the $90,000 level on the chart. At press time, BTC was trading at approximately $92,536, after failing to overcome the $93,000 resistance level. Recent developments suggest that another rally could be approaching and that a broader recovery may already be underway. Miner activity gives the first hint Miners are signaling that a potential Bitcoin rally remains on the horizon. Previously, this same group contributed to the recent price decline when the 30‑day Mean Hash Rate crossed below both the 60‑day and 100‑day averages. In simpler terms, this shift often reflects reduced miner activity and lower exposure to Bitcoin. Historically, such movements have weighed negatively on price action. However, the pattern has now changed, as confidence appears to be returning among miners, based on recent shifts in their Bitcoin reserves. Source: CryptoQuant Miner Bitcoin reserves provide clear insight into what this group is doing with its holdings. A rising reserve suggests lower selling pressure, which in turn reduces the amount of Bitcoin in circulation and strengthens the broader bullish outlook. Between the 26th of November and the 5th of December, miner reserves have climbed to a new high of approximately 1.8 million BTC. Other factors in play Miners were not the only participants selling Bitcoin. Other market participants also offloaded holdings, adding to overall selling pressure. Bitcoin’s active supply, which represents the circulating amount of BTC, surged as both long-term and short-term holders continued to sell their assets. This period also coincided with widespread capitulation. Alphratal, an on-chain analytics platform, noted that much of this selling was forced and lacked strong technical justification. Source: Alphractal Interestingly, historical data shows that when rising active supply, a plunging hash rate, and forced selling converge, it often marks a favorable turning…

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