BTC hashrate vs price"Although these two assets are not strongly correlated in general, there has been a notable increase in correlation during this cycle between BITSTAMP:BTCUSD and $INTOTHEBLOCK:BTC_HASHRATE. If this trend continues, Bitcoin's price could potentially follow suit, targeting the $95K– GETTEX:97K rang
Bitcoin Halving: What you should know about this halvingThe Bitcoin halving is set to happen in April 2024. Here's what to expect👇
First, let's reflect on the Previous Halving:
➖ In 2020, after the last halving, the block reward dropped to 6.25 BTC
➖ Bitcoin's hash rate dropped by 30% within two weeks.
➖ Bitcoin's miner difficulty was also automatical
BTC Hashrate ATH!🧡 is the strongest its ever been ⚒️🐮💪🏼BTC 🧡 is the strongest its ever been, no missing a beat.
Looks like Bitcoin Hashrate is going Parabolic from this angle.
We are well above the Mean.
🚀
Probably the most Bullish Sign we've seen all year,
considering the health of Bitcoin hashrate is a good place to look before investing into the ass
Bitcoin - BTC Hashrate trendline break👀Wow🚨
Look at BTC price when we got a Hashrate trendline break👀
What seems like bad news often turned out to be an early bullish indicator since prices were closer to the bottom than the top🚨
What are your thoughts dear Crypto Nation?
Let me know your thoughts in the comments🤗
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