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Bitcoin Crash Alert: Miner Sell-Off Sparks $16M BTC Transfer!

  • Bitcoin price has been forming a midterm reversal pattern after reaching a high of $64,082.
  • Satoshi-era Bitcoin miners transferred 250 BTC, worth $16 million, raising speculation of a potential sell-off.
  • With a possible reversal pattern and a sell signal from the TD Sequential indicator, analysts suggest short-term traders take profits.
  • Bitcoin's market has matured with the approval of spot Bitcoin ETFs, leading to increased liquidity and a bullish outlook.

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