PANews reported on September 15th that CryptoQuant analyst ShayanMarkets observed that the 30-day moving average of Bitcoin miners transferring tokens to exchanges has recently fallen to a short-term low, indicating that miners are reducing distributions and may begin accumulating BTC. This trend coincides with Bitcoin's recent rise above $115,000, reinforcing bullish market sentiment among miners.
The analysis points out that the combination of technical structural changes and miner accumulation provides a positive market outlook for Bitcoin. As long as the price remains above $112,000, Bitcoin is expected to maintain momentum and challenge historical highs again.
