the Bitcoin miner reserve reached its peak
According to CryptoQuant, on December 9th, the Bitcoin miner reserve reached its peak since the beginning of this year. It has fallen slightly but is still at this year's high, which is about 1,852,800 BTC.
Last time that we had the new peak, It was early May and we experienced the massive dive into 30K's channel !
Now we have the same fractal with the May's structure on 2nd approach to peak..
There will be only two scenarios :
- Dive into 30K's channel again
- Accumulate above $40550's Demand !
