Report: Miners' surrender after bitcoin halving reduces bitcoin selling pressure

According to AMBCrypto, a recent report stated that miners' surrender after bitcoin halving would reduce bitcoin selling pressure. The report states that many miners have closed their businesses when profit margins cannot keep up with electricity bills, and as a result, bitcoin selling pressure from miner terminals is increasing throughout the network. However, only inefficient miners will succumb, allowing more efficient miners to take control. Assuming Bitcoin rebounds to $ 7,500 after halving, the newly mined Bitcoin will be distributed among the efficient miners. This will ease the selling pressure on Bitcoin valuations as these miners are above their breakout prices due to lower electricity bills.