Bitcoin miner accumulation reaches pace not seen since 2023: Are new BTC highs next?
Bitcoin miners’ current rate of accumulation mirrors a pattern that fueled a 48% rally in 2023, but macroeconomic risks could cap BTC’s gains.
Key takeaways:
Strong Bitcoin miner and corporate BTC accumulation fuel speculation on BTC price surpassing $140,000.
Investors’ rising inflation expectations and weakening consumer sentiment could prevent BTC from hitting new highs.