Bitcoin Metric key signal below with the difficulty of mining at all times
![Bitcoin Metric key signal below with the difficulty of mining at all times 1 Bitcoin Metric key signal below with the difficulty of mining at all times](https://cryptify.ws/wp-content/uploads/2025/02/Bitcoin-Metric-key-signal-below-with-the-difficulty-of-mining.png)
Bitcoin may have recently reached a local bottom, according to the retail index.
middle The last economic uncertaintySpeculation continued to install if it was Bitcoin I have been topped. According to the one -key scale, it may be the exact opposite.
The end of surrender from miners
Bitcoin may have recently reached a local bottom, according to the retail index.
The retail index assumes that bitcoin tends to hit a local bottom when miners succumb – their techniques to stay on or stop their feet with high mining costs above profitability. This usually occurs when the price of assets or high operating costs decreases.
The index provides Bitcoin’s purchase signals by trying to determine the stages in this surrender using the average retail rate for 30 days and 60 days.
The retail rate indicates the computing power used by Bitcoin miners. This scale often rises when more miners join the network or expand operations, and it is usually driven by an increase in the price of the original. On the other hand, the retail rate decreases when miners decrease with a decrease in profitability.
When the average retail rate is reduced for 30 days from the moving average for a period of 60 days, i.e. average short -term retail trends due to the registration of miners, it is believed that the surrender of miners has started, which stimulates the pressure pressure.
On the other hand, when MA reduces 30 days of MA 60 days, it often indicates the end of the worst surrender of a mine, which represents the low selling pressure and the chance of recovery.
According to the graphic drawing, this surrender began in early February 2025 and is likely to be exhausted during the weekend. The last time I did in October 2024, Bitcoin started a crowd more than 50 % of less than 70,000 dollars to $ 106,000 yet.
Interestingly, the signal of the surrender of modern mines is in line with a new mining record. For context, it measures the difficulty of mining how difficult it is to extract a new bloc on Blockchain compared to the foundation line in 2009.
Participants in the network usually sees a positive increase in the basis of the original and improves the safety of the network and health.
On Sunday, February 9, the scale increased by 5.6 % of 108.11 trillion to the highest new level ever at 114.17 trillion in the mass 883,008, indicating that it is now more than 114 trillion times the disposal of the network compared to the rank The first. I launched, for each Coinwarz Data.
The difficulty of mining is modified every 2016 blocks, as the next amendment is expected to reach 0.33 % at 114.55 trillion in the mass 885,024 on Sunday, February 23.
Amid these transformations on the scales on the series, Bitcoin is trading near $ 97,500 at the time of writing this report. If these positive scales lead to a positive response to the prices, Bitcoin may again aim to a psychological sign of $ 100,000.
Included: This content is media and should not be considered a financial advice. The views expressed in this article may include the personal opinions of the author and do not reflect the basic opinion of encryption. Readers are encouraged to conduct comprehensive research before making any investment decisions. Crypto Basic is not responsible for any financial losses.
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