No More Panic Selling? Bitcoin Miners Hold Strong as BTC Nears $115K
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The post No More Panic Selling? Bitcoin Miners Hold Strong as BTC Nears $115K appeared first on Coinpedia Fintech News After months of ups and downs, Bitcoin miners are finally under less pressure to sell. CryptoQuant analyst Axel Adler Jr says the market is now out of its “stress zone,” but it’s still not showing the big rallies we’ve seen before. He also warns that the $115,000 level could be a danger zone for the market. So, what does this mean for traders? Let’s break it down! Miners Out of the Danger Zone According to the latest analysis from CryptoQuant expert Axel Adler Jr., miners are currently in a stable position, with no signs of the heavy selling that often happens when they’re under financial pressure. Looking at the chart, it compares Bitcoin’s current price to where it was the last time mining difficulty hit its lowest point. +7.4% (green zone) — right now, the price is higher than the bottom, so miners face less pressure to sell. -10% to -30% (red zone) — in past cases, readings this low followed many difficulty drops and pointed to real miner capitulation (forced selling). So, because the current reading is +7.4%, we’re not seeing capitulation right now. No Big Sell-Off, But No Big Rally Either Meanwhile, the current reading is positive, but it’s not close to the strong growth seen in past bull runs, when it reached +50% to +80%. Right now, the market feels more stable and careful, not overly excited. Why the $115,000 Level Matters Further, Adler points out that Bitcoin’s recent stability hovers above a “danger zone” right around $115,000. Falling below could spark panic selling and liquidations, as many bought near this level. It’s also a key technical point in Bitcoin’s price pattern, acting as a support line…
Filed under: News - @ August 8, 2025 8:28 am