This might not necessarily leads to “bullish Bitcoin price”. Hashrate is a trailing indicator of price not vice versa
“Parabolic hashrate” means more sell pressure due to higher electricity bill. Also dangerous for ppl invested recently if they can’t break even before halving https://t.co/u2GF8xgAJn
RT @cz_binance: Hashrate increase means more miners are investing in BTC, they are bullish. You know what follows?
Bitcoin Hash Rate Looks 'Parabolic,' up 30% in a Month - BeInCrypto https://t.co/s9m2puQtO9