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The Signal Nobody is Talking About
Everyone is staring at the price chart, but I am watching a metric that almost never lies.
The Miner Financial Health Index has just dropped to 22% .
This sounds bad, right? Actually, it is the exact opposite.
This signals “Miner Capitulation.”
It means the smaller, weaker mining companies are running out of cash and are being forced to sell their Bitcoin just to pay their electricity bills.
Why does this matter?
Because historically, whenever this index drops near 20%, it marks the Market Bottom.
The selling pressure is exhausting itself. The weak hands are leaving the game, and that is exactly what we need for the next huge leg up.
Do not get shaken out right before the trend reverses. Smart money buys the capitulation.
#Bitcoin #OnChain #Mining