Bitcoin Dips to $75.8K as Miner Pain Hits Critical 27.7% Threshold

Bitcoin slips about 2% to $75,829 as the Miner Financial Health Index rises to 27.7%, exceeding the 20% capitulation threshold signaling peak miner stress and potential selling exhaustion. Starting April 15 at $74,000 consolidation with Miners’ Position Index at -0.83 indicating holding, miners dumped over 32,000 BTC in Q1 by April 18 amid post-halving squeezes, peaking price at $77,169 before Miner Selling Power plunged. This progression suggests waning supply pressure could limit downside and enable demand-led recovery toward $80,000 if the index stabilizes.