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What’s mined is mine. Recent consolidation in the BTC market has seen the establishment of solid support above the $57k level, kicking off a new round of rally. The break above a major bearish trend line near $58,650 shows great promise of re-testing the $60k barrier. On-chain metrics suggest that miners have entered the accumulation phase, which may herald another round of bulls as their position change has historically foreshadowed some of the biggest bull runs in the crypto market.