According to Edris Derakhshi, Bitcoin's price is struggling to recover above the key 200-day moving average, indicating a potential drop to lower levels. The cryptocurrency has rebounded from the $60K support level but is being prevented from rising by the 200-day moving average. If Bitcoin fails to break through this resistance soon, a decline toward the $56K level could be expected in the short term. In addition, the Bitcoin miner reserve metric suggests that miners have been aggressively selling their coins since the price exceeded $40K, indicating a potential downtrend in the coming months if this behavior continues.



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