Bitcoin (BTC / USD) Who sells - Why $ 10,000 is a price cap?

We will see why the price does not rise more than $ 10,000, who is selling?

Let's see

As we see in the price chart Bitcoin remains in a price range for the last few weeks.

We have already seen several attempts to break $ 10,000 which have been unsuccessful.

We saw days before how miners sold large amounts of bitcoin

Yesterday we also saw it

source graph: https://terminal.bytetree.com/bitcoin

But today I bring you this graph that indicates that the miners are behind keeping the price around $ 10,000.

souce graph: https://cq.live/prochart/177?window=hour

As we see in the flow chart of miners to exchange, as the price got closer to $ 10,000, the miners have sold more Bitcoin until the price fell.

This can be done for various reasons

• Mining War
• Low Earnings from mining Bitcoin
• both

What's do you think?

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The alcoins market is very dependent on the price of Bitcoin, when Bitcoins goes up the alcoins go up more, but also in the other sense, so I suggest that you periodically review a Bitcoin and use stop loss and move it when they are already in profit. Do not let a profit become a loss.

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