Bitcoin Cannot Rally While Miners Are Bleeding. Discover How Long the Bleeding Lasts
Source: Bitcoinist
Bitcoin is struggling to hold above $70,000. Days of trying to defend $65,000 have given way to a fragile recovery that the market does not yet trust. A top CryptoQuant analyst has identified the structural reason why — and it has nothing to do with sentiment, ETF flows, or macroeconomic headlines.