The majority of freshly mined coins are going straight to exchanges. We are only 70 days away from the halving and even if the miners decide to sell all of their newly mined coins, this will not make up the shortfall from decreased mining reward.

The situation is quite interesting because according to this reason we see one more fact of the impact on BTC price. Moreover, the same thing as been described above might has bearish sentiments in short-term and bullish in the long-term.

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