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RE: BTC - Forget the 40% drop, Hash Rate is back to All Time Highs!
I’m already seeing that bounce this morning just a few hours later...could be a good new indicator for me and my trading/ investing strats 🤔👍🏻💯
That chart at the bottom is interesting. Hash rate follows price, but price also follows hash rate. Either way an increasing hash rate is good news.
Yes it is! I will cross reference any future trades with hash rate as well then. Having on a screen in the background can’t hurt 👍🏻
I am not sure it is helpful for trades, but as a longer term investing tool, it's worthwhile.