Bitcoin hashrate drawdown reaches December 2022 levels

From Cointelegraph: 2024-07-01 17:39:10

Bitcoin’s price-to-illiquid-supply ratio is a key metric to identify market bottom points and potential accumulation opportunities. This ratio helps investors gauge the level of illiquid BTC supply held by long-term holders. Spotting these points can provide insights into market trends and investment strategies.

Read more at CoinTelegraph: Bitcoin hashrate drawdown reaches December 2022 levels