#mpi-index News & Analysis

Bitcoin Miners Are Choosing To Hold At $74K: Changing The Supply Picture

Bitcoin miners are holding rather than selling at the $74,000 level, with the Miners' Position Index at -0.83 indicating reduced exchange transfers and diminished selling pressure. This structural shift removes a historically reliable trigger for price corrections, potentially supporting consolidation around current levels as the asset tests resistance at $74,000-$75,000.