Crypto miners are bullish after seeing Bitcoin recovery

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Good news for crypto miners! The crypto mining stocks are steadily rising after Bitcoin shows recovery signs in the market. This past week, Bitcoin has shown a great improvement by recovering to its previous resistance zone at $21k after it fell at $19K.

The crypto bear market left crypto miners feeling hopeless for months, but this week’s improvement shows that the miners are bullish on Bitcoin.

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Miners have put a bet on Bitcoin to rise in the coming weeks, which might sound a bit risky in case BTC prices plunge down again, but miners seem to be bullish on the price. D.A. Davidson believes it is a good time to buy crypto mining stocks as it looks more promising than ever. Gray Frame Corner Gray Frame Corner

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Whatever the case may be, miners can still profit by selling bitcoin. Gray Frame Corner