Bitcoin Hash Rate Recovers as Another Buy Signal is Expected
On-chain metrics for Bitcoin are improving as prices begin to consolidate; this could lead to further buy signals as observed by industry analysts. The decline in Bitcoin’s hash rate over the past few weeks has been seasonal, coinciding with the end of the rainy season in China where most of the mining occurs. As reported
On-chain metrics for Bitcoin are improving as prices begin to consolidate; this could lead to further buy signals as observed by industry analysts. The decline in Bitcoin’s hash rate over the past few weeks has been seasonal, coinciding with the end of the rainy season in China where most of the mining occurs. As reported