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Johnson  pfp
Johnson
@moonfun
" Low #BTCHashPrices, Suggesting Buying Opportunities" This chart overlaps the price of Bitcoin (black line) with the hash price indicator (orange line) that reflects the profitability of the miner. The highlighted portion of the chart (blue square) indicates when hash prices have fallen to low levels, and Bitcoin prices also coincide with when they were at or near their lowest point. Historically, the timing of these hash price declines has coincided with the bottom of Bitcoin's price, which could mean that the current low hash price is also nearing the bottom of Bitcoin's price.
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