Golden Finance reported that analysts pointed out that the price of Bitcoin is expected to rebound only after the miners surrender and the network's computing power is restored. Independent analyst Willy Woo said the key to the current Bitcoin price drop lies in the exit of "weak holders," including those running old hardware and high-cost, low-efficiency miners. Woo believes that with the restructuring of the mining industry and hardware upgrades, the price may stabilize and have the potential for a pump. However, the current surrender process is longer than in previous cycles, perhaps due to the impact of increased profits. In addition, analysts pointed out that the recovery speed of Bitcoin's computing power is also much lower than in historical periods, indicating challenges and opportunities in the market.
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Analyse：Le prix du Bitcoin devrait rebondir après la capitulation des mineurs et la reprise de la puissance de calcul
Golden Finance reported that analysts pointed out that the price of Bitcoin is expected to rebound only after the miners surrender and the network's computing power is restored. Independent analyst Willy Woo said the key to the current Bitcoin price drop lies in the exit of "weak holders," including those running old hardware and high-cost, low-efficiency miners. Woo believes that with the restructuring of the mining industry and hardware upgrades, the price may stabilize and have the potential for a pump. However, the current surrender process is longer than in previous cycles, perhaps due to the impact of increased profits. In addition, analysts pointed out that the recovery speed of Bitcoin's computing power is also much lower than in historical periods, indicating challenges and opportunities in the market.