Historically, periods of low miner selling pressure have often been followed by sideways consolidation or even price declines rather than immediate bullish breakouts. While there have been a few exceptions — most notably in December 2012, September 2013, parts of 2016, and July 2021 — the majority of similar past instances have resulted in muted or negative price movements. April: A Critical Month for Bitcoin Mining Cycles In April 2025, Bitcoin’s hash rate reached an all-time high, followed by a minor dip and a slight recovery — a pattern closely resembling April 2021. Historical data shows that April 14 has been a notable local top date for Bitcoin, with similar peaks recorded in 2021 and 2023
source: https://coindoo.com/bitcoin-miners-record-lowest-selling-pressure-since-2024-what-it-means-for-the-market/