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Bitcoin (BTC) being the top cryptocurrency this year have rallied more than the imagination after the halving took place this year in around the month of may, after the halving took place Bitcoin (BTC) started giving technical indicators of a strong movement but it would be this big of a rally not many people have had any idea of.
According to a report there have been a significant decline in the profits of the miners, which eventually resulted in pulling out of smaller miners out of the mining business.
The big players from the mining game have played well and have earned a huge profit,
According to reports the miners have got their hands on a huge profit or we can say earnings of more than $21 million, which is a lot.
For the time being now we can say that the Bitcoin (BTC) have proved to be really profitable for both the people who are into mining and the ones who are invested in it.
According to top cryptocurrency analysts, there will be a correction in the Bitcoin (BTC) price but it will be after Bitcoin (BTC) have crossed about the mark of $21,000.
It is a great asset and can bring a lot of profit, but to only those who get into it at the right time and leave it at the perfect time.
Have a great day ahead!
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