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Bitcoin (BTC) Price and Hashrate Divergence May Set the Scene for a Potential Rally, Historical Data Shows

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Per this sample, bitcoin has already proven indicators of restoration, gaining about $9,000 because the native backside on Sept. 6, representing a 15% enhance in worth. This divergence between bitcoin’s (BTC) worth and its hash fee began to form up in July after which endured into early September, when the computing energy of the community reached an all-time excessive of 693 exahashes per second (EH/s) on a seven-day shifting common, whereas bitcoin’s worth was close to $54,000.



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Tags: BitcoinBTCDataDivergenceHashrateHistoricalpotentialPriceRallyScenesetShows
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