Are miners signaling the next breakout above $120K?
Summary Bitcoin price is consolidating near $115K as miner reserves stabilize, easing recent sell pressure and improving sentiment. Strength above $118K–$120K could trigger a breakout toward $125K–$130K on stronger miner profitability and on-chain activity. A drop below $110K risks renewed miner capitulation, weaker fees, and macro-driven downside pressure. Bitcoin price is consolidating around $114,000 as…
