⛏️ CQ: Hashrate $BTC has ended the downtrend and is starting to gradually rise
An increase in miner activity is a positive factor for the price of BTC. Historically, BTC has shown a bullish trend when the hashrate rises. An increase in hashrate indicates higher costs for mining, which in turn points to an increase in the value of BTC.
An increase in miner activity is a positive factor for the price of BTC. Historically, BTC has shown a bullish trend when the hashrate rises. An increase in hashrate indicates higher costs for mining, which in turn points to an increase in the value of BTC.
