Since 2018, the longest BTC hash ribbons disappeared, finally.

in H4LAB Researchlast month

1000017449.jpg

1000017446.jpg

Source: Bitcoin Magazine Pro

BTC(Bitcoin) miners, might have turned off minning machines or have mined other POW(Proof of Work) coins, have come back to the Bitcoin network 🥳

It's the longest capitulation zone.. around 5 months?

Take a look other long pink-hash ribbons zones. Once the pink zones end, BTC price stsrted increasing again 🤔

I don't like the blue case. I believe the crypto market will recover soon, and skyrocket again 🙏

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