SBI: Shuts Down Bitcoin Mining Pool

SBI Holdings will shutter its Bitcoin mining pool, ending operations that once contributed hash rate to the network. BTC currently sits at $61529.9 inside the Bollinger band, testing upper resistance at $61865.89 while the 50-EMA holds as support at $60548.01. Momentum remains constructive with MACD at 282.0 confirming the golden cross and RSI at 60.58 showing room before overbought territory. Institutional desks now watch whether this exit accelerates hash-rate consolidation among remaining pools or simply reallocates capital toward higher-yield strategies. Price action suggests a measured pullback to the 50-EMA remains probable before any continuation higher, keeping BTC price prediction models anchored to the same macro-technical confluence observed over the past six months.