Bitcoin Price and Hashrate Divergence May Set the Scene for a Potential...

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

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Source: Coindesk.com

The divergence between Bitcoin's hash rate and price could signal a potential rally in prices, according to historical data. September's counter-seasonal price trend has already started to show signs of this divergence trend playing out. Publicly traded miners have increased their market share post-halving by raising their computing power and started accumulating bitcoin, potentially reducing

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The post "Bitcoin Price and Hashrate Divergence May Set the Scene for a Potential Rally, Historical Data Shows" appeared first here Coindesk.com.

Source: Coindesk.com

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