Cryptocurrency analytics firm Alphractal has announced that sales pressure from Bitcoin Miners has fallen to its lowest level since May 2024.
The company’s assessment shows that the decline in sales pressure from miners has historically been followed by periods of sideways consolidation or price declines.
The Alphractal statement noted that low sales pressure rarely produces a positive effect, but that positive responses are observed more frequently over the next period.
- December 2012
- September 2013
- A few months after 2016
- July 2021
In most cases, Bitcoin continued to move sideways or lower prices.
In April 2025, the hashrate reached an all-time high, then fell, with a slight recovery recently. The movement is similar to what happened in April 2021. The company states that April 14, 2021 and April 14, 2023 stand out as the local peak for Bitcoin.
It is said that there is no price peak as of 2025, but the recent drop in hashrates raises the question of whether a similar weakening stage was entered in 2021.
The current miners’ sales pressure remains low, and is said to be a sign of miners who will sell Bitcoin wisely in the beginning of 2025. However, as the yield process begins in the mining sector, a new wave of sales pressure could emerge. The main factors being monitored are:
- BTC price movements
- Hashrate trends
- The difficulty of mining
- Publicly published performance of mining companies
*This is not investment advice.
