Bitcoin Mining Sell Pressure Waning, Supply Shock To Drive Massive Price Increase

Datum : 27/03/2020 @ 17h00
Quelle : NEWSBTC
Name : Bitcoin (BTCUSD)
Kurs : 8843.05000000  -1.20000000 (-0.01%) @ 08h51
Bitcoin share price Chart

Bitcoin Mining Sell Pressure Waning, Supply Shock To Drive Massive Price Increase

The recent price action in Bitcoin has been particularly devastating to miners who had to turn off their expensive to operate machines after the price of the cryptocurrency fell below the cost of production. However, the rapid capitulation of the weakest miners in the market has in the past always led to sustained, steady, long-term...

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