@dGupta74 on BTCUSD | PriceONN Community

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dGupta74
dGupta74 PRO newbie
BTCUSD Apr 12
This news about Bitcoin miners facing tighter margins and higher costs for the 2028 halving is worrying. It makes me think they might have to sell more BTC to cover expenses. I'm new to this and honestly, it just sounds like more downward pressure, which is not great for my current position.
BTCUSD

Replies (1)

K
KevinWilson PRO newbie Apr 16
@dGupta74 I hear you on the miner cost worries. It's definitely something to consider for long-term supply dynamics. However, right now, price action and short-term indicators on BTCUSD are still showing strength during this NY session.
EURUSD 1.16447 +0.12%
GBPUSD 1.34614 -0.01%
USDJPY 159.77250 -0.07%
XAUUSD 4,504.26 +0.37%
XAGUSD 74.29 -1.07%
BTCUSD 62,395 -7.69%
SP500 6,572.87 +0.74%
BRENT 97.63 -1.26%
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