Can Miner Pressure Push Bitcoin to $13,970? Decoding the Bitcoin Market's Next Move
The Bitcoin market is buzzing with anticipation. Today, a new drama unfolds, holding investors and analysts in suspense: an increased selling pressure exerted by Bitcoin miners. Will this miner pressure be enough to push Bitcoin down, or can the cryptocurrency defy expectations and reach a target of $13,970?
Miner Selling Pressure: A Cause for Concern?
Bitcoin miners are coming under increasing pressure to offload some of their BTC, which could put more downward pressure on prices. The move comes amid soaring energy costs and fluctuating market conditions. Low profits for Miners will twist their arms? With increasing mining difficulty and decreasing Bitcoin price, public miners are now releasing less Bitcoin into circulation. Recently, miners were seen unloading record amounts of BTC to exchanges. According to a K33 Research report, this surge in selling activity is creating ripples throughout the market.
The Bitcoin Miners’ Position Index (MPI): A Bullish Signal?
Despite the concerns about selling pressure, some indicators suggest a potential bullish reversal. The Bitcoin Miners are now exhibiting the lowest selling pressure since May 2025 – A historically rare setup. In fact, data revealed that similar lows have typically preceded significant price increases. The Bitcoin Miners’ Position Index (MPI), which tracks miner outflows relative to its 365-day moving average, has recently formed a bullish crossover. Historically The Miners' Position Index (MPI) is the ratio of total miner outflow to its one-year moving average. A higher value shows that miners are sending more coins than usual. This suggests that the current selling pressure might be a temporary phenomenon.
Bitcoin's Resilience: Poised for an Explosive Phase?
Hace 3 días Bitcoin Prepares A Move As Market Absorbs Increased Miner Selling. Bitcoin is positioning itself for a potentially explosive phase as sentiment across the market grows. Can Bitcoin push higher after miner selling ceases? The market's ability to absorb the increased miner selling could indicate underlying strength and a potential for future growth. 28 de sept. de 2025 Bitcoin miners are coming under increasing pressure to offload some of their BTC, which could put more downward pressure on prices.
Strategies for Miners and Investors
For miners facing financial strain, diversification might be a viable option. By participating in mining multiple cryptocurrencies, miners can offset losses in BTC mining with profits from other coins. Consider Holding BTC Rewards: Instead of immediately selling newly mined Bitcoin, miners could consider holding onto a portion, betting on future price appreciation.
Will Bitcoin Reach $13,970?
The question remains: can miner pressure ultimately push Bitcoin to $13,970? The interplay between selling pressure, market sentiment, and technical indicators will determine Bitcoin's next move. While the increased selling from miners is a factor to watch, the bullish signals from the MPI and the market's overall resilience offer a glimmer of hope for investors eyeing that $13,970 target.