The hashrate shock from extreme weather in the U.S. revives a historically bullish onchain indicator.
As bitcoin miners cut unprofitable production, Hash Ribbon metric points to BTC price rebound
The hashrate shock from extreme weather in the U.S. revives a historically bullish onchain indicator.
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The medical device maker now holds a total of 3,303 bitcoin.
“We could see Bitcoin test $130K–$150K by year-end if macro winds cooperate,” one trading desk said.
Michael Saylor says the US should and will build a reserve of bitcoin and explains why it is the greatest deal of the 21st century.
JPMorgan analysts in October said investors betting on currency devaluation would lift precious metals and bitcoin, but only one of those trades has worked.