#BTCMarketSignalsDiverge

About BTCMarketSignalsDiverge

BTC fell ~7.3% in October and recently traded around $77K-$80K. US spot BTC ETFs saw $643M in outflows Oct 30, ending four days of inflows. The Coinbase Bitcoin Premium Index hit its lowest since November 2022 and stayed negative for 38 straight days. October miner revenue reached $1.215B, an 11-month high, while revenue per unit of hashrate fell ~17.5%. Can spot demand recover, could miner selling pressure increase, and how might these shifts shape BTC’s next move?