Odaily Planet Daily News BRN Chief Analyst Valentin Fournier said that BTC miners seem to be directly purchasing BTC from the market to increase reserves. These miners may have initiated a new accumulation phase. These actions have triggered the Hash Ribbon signal, which is a long-term bullish indicator, highlighting the end of Miner Capitulation. (The Block)
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BRN analyst: Mining companies appear to be buying BTC from the market to increase reserves and enter a new accumulation phase
Odaily Planet Daily News BRN Chief Analyst Valentin Fournier said that BTC miners seem to be directly purchasing BTC from the market to increase reserves. These miners may have initiated a new accumulation phase. These actions have triggered the Hash Ribbon signal, which is a long-term bullish indicator, highlighting the end of Miner Capitulation. (The Block)