- Selling pressure by Bitcoin miners is at its lowest level since May of 2024, something normally associated with price declines or consolidation.
- The hash rate of Bitcoin reached its peak in April 2025, only going down to rise again later, a development previously exhibited by Bitcoin back in 2021.
- Low selling pressure indicates miners likely sold strategically in early 2025. Future market movements depend on monitoring Hash Rate and mining difficulty.
Bitcoin miners are now recording the lowest selling pressure since May 2024, suggesting potential changes in the broader market. Historical patterns indicate that similar conditions often led to either sideways movement or price declines for Bitcoin.
Bitcoin Miners’ Selling Pressure and Historical Trends
Alphractal reported that Bitcoin miners’ selling pressure has dropped to levels not observed since May 2024. Periods of reduced selling pressure from miners have previously been linked to Bitcoin entering consolidation phases or experiencing moderate price corrections.
Over the course of Bitcoin history, positive market responses to low miner selling pressure have been exceptional. Those were true of December 2012, September 2013, some months of 2016, as well as July of 2021. During most other incidents, Bitcoin’s price either went sideways or decreased subsequently.
This historical behavior shows that while low miner selling activity could appear favorable, it often reflects underlying caution in the market. Thus, it remains important for traders and analysts to monitor Bitcoin’s price activity during this quieter phase from miners.
Bitcoin Miners’ Hash Rate Movements in 2025
Bitcoin’s network Hash Rate peaked at an all-time level within April 2025, went through a visible decline, and experienced a minor revival. This trend is almost identical to the Hash Rate trend of April 2021, which was followed by weakening of Bitcoin’s price action.
Alphractal noted that April has often been a determining month for Bitcoin price movements and mining. Local tops were previously recorded on April 14 in both 2023 and 2021, highlighting a recurring seasonal pattern within Bitcoin’s mining statistics.
Although April 2025 did not see a comparable price peak, the follow-on Hash Rate drop has generated speculation regarding possible similarities with 2021. The market is still watching to see if Bitcoin can shift into a more gentle trend due to these trends.
Monitoring Bitcoin Movements Amid Low Miner Pressure
Current low selling pressure suggests that miners might have sold significant holdings earlier in 2025, avoiding large transactions during weaker market periods. However, the possibility of a new wave of selling pressure remains if a mining sector capitulation process unfolds.
Alphractal stressed that close attention must be given to Bitcoin movements, Hash Rate trends, mining difficulty adjustments, and the performance of publicly traded mining firms. These metrics are likely to offer early signals of any future changes in Bitcoin’s price behavior as miners navigate the current environment.
