Low Bitcoin Miner Activity Sparks Debate on Future Price Moves

Bitcoin miner activity has hit a notable low point, according to the latest analysis from crypto research firm Alphractal.

The firm reports that selling pressure from miners is now at its weakest since May 2024 — a trend that historically hasn’t always led to bullish outcomes.

Typically, periods of low miner selling have coincided with sideways trading or even price drops, as seen in past cycles like late 2012, September 2013, mid-2016, and July 2021. Alphractal warns that while reduced selling sounds positive at first glance, it often signals stagnation rather than strong upward momentum.

The firm also highlighted familiar patterns in Bitcoin’s hash rate. After hitting record highs in April 2025, mining power briefly declined before making a small recovery — echoing the same dynamics observed during April 2021.

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Given that previous Aprils, notably in 2021 and 2023, have marked important turning points for Bitcoin, analysts are watching closely to see if this year follows a similar path.

Though a major price peak isn’t expected in 2025, Alphractal notes that the recent miner behavior could either stabilize the market or, if mining profitability deteriorates, trigger fresh selling pressure. Key metrics to monitor include Bitcoin’s price action, hash rate stability, mining difficulty adjustments, and the financial health of public mining companies.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.