Main notes
- Bitcoin price is lower than $ 105,000 on June 18, as Bulls fought to keep early momentum from European trading hours.
- The mining workers wallet has dropped 30,000 BTC since May 27, according to InTothheblock data.
- BTC 24 hours pressure on Keltner channels in the middle of the range, confirming the main resistance in the short term at the level of $ 105,800.
Bitcoin price has been recovered about 104,800 dollars in the first United States in trading by 2 % peak over 24 hours, amounting to $ 105500. Data trends on the series show active sale of miners in the wet BTC recovery horizons.
Bitcoin faces resistance at $ 10,500 while miners drop 30,000 BTC
Bitcoin
BTC
104 dollars 840
24 hours fluctuation:
0.2 %
The maximum market:
2.08 dollars R.
Folder. 24h:
30.67 dollars b
On Wednesday, price movement reflects the increasing caution, as investors interact with escalating tensions in the Middle East. Amid a positive start in the European trading session, Bitcoin initially acquired 0.5 % to the peak of time per day of $ 105500.
However, with the opening of the American trading, BTC witnessed a wave of sales requests, with prices restored about 104,500 dollars at the time of the press, According to Shabans Trading data.
While the short -term traders maintain a cautious look, a closer look at the scales on the chain shows the active frenzy for sale between bitcoin miners.
Checking the validity of this position, mines reserves Data from Sentora’s InTotheblock The changes in the balances preserved by the recognized mining governor and mining baths appear during the past month.
Bitcoin Summary Reserves | June 2025 | Source: IntTHEBLOCK
As we saw above, BTC miners kept a total of 1.94 million BTC as of May 27. This number has decreased over the past three weeks, reaching 1.91 million BTC at the time of the press. This means that Bitcoin miners have unloaded 30,000 BTC, approximately $ 3.2 billion in the past twenty days.
According to recent news reports, increased geopolitical tensions have sparked expectations of high energy costs and the difficulty of mining – giving the current frenzy for sale between miners.
Despite the global demand from institutional investors, miners separate the newly designed BTC on the market, which effectively leads to an amplifying the short term in the market, which exerts the declining pressure on prices. This may explain the reason for the failure of BTC PRICE to advance after a brief restoration of $ 105,000 earlier on Wednesday.
BTC price forecast: KC nullfies $ 110k is the possibility of apostasy
The daily chart BTC is hitting resistance inside the day in the midfield of Keltner (KC) currently near $ 105,800, which enhances this level as a short -term ceiling.
Bitcoin price expectations June 18, 2025 | Source: TradingView
With mining workers’ governor amplified short -term supply by $ 3.2 billion in the past twenty days, external flows may increase negative risks.
Failure to restore $ 105,800 increases the possibility of a slide of about $ 100,020, and the bottom KC. The daily closure below this support may expose BTC to the deeper decline of about 96,000 dollars and $ 94,000.
On the upward trend, the collapse of more than $ 105,800 can open the door to re -test 111,636 dollars, in the KC Band, which also corresponds to the local June summit. However, BTC markets will require a sustainable volume to provide this step.
While BTC is struggling for momentum, Solaxy ($ Solx) draws the investor attention
While Bitcoin battles to stick to $ 104,000 amid escalating resistance and mine sales, the investor focus turns towards emerging projects with high -growth capabilities such as Solaxy ($ Solx).
Solaxy is a network of the next generation of Layer 2 specifically designed for this purpose of Supercharge Solana’s Ecosystem.
Solaxy Presale
Solaxy Solana’s frequent congestion treats by emptying a lot of the volume of transactions outside the chain, which enhances efficiency and productivity-while maintaining the safety of the base and decentralized layers provided by Solana.
Its price is currently at $ 0.001766, Solaxy has already raised more than $ 52.96 million in the previous period, which is now entering its final phase. The first buyers can also share the distinctive symbols of $ Solx in APY 79 % impressive.
To buy $ Solx at the current price of $ 0.001766, go to The official Suclcy website And connecting a supported portfolio like Best portfolio.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
The post Bitcoin Price Prediction: Miners Selloff $3.1B BTC Holdings in 20 Days, What’s Next? first appeared on Investorempires.com.
