Can Miner Revenue/Hash Rate find price peaks?

Miner Revenue/Hash Rate:

This shows the cost to produce a marginal unit of BTC per hash.

Testing blue trendlines as resistance has coincided with peaks in price.

Will we see something similar again?


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.