quoting note13md…pmfz
The #bitcoin hash rate continues to climb (it's been growing at an exponential rate; see purple trend line).
When the price hit a high of $66k in 2021, hash rate was about 70% LOWER than it is now (current price is $54k). Think about that!
Bitcoin is a technology, a protocol, and should be assessed as such.
Network is strong. Fundamentals are strong. Price will catch up.
Lez go! Dr. Jeff (npub1k7v…c04l)
Dr. Jeff on Nostr: Bullish. 🐂 nostr:note13mdhgakvuu5azskhkfwm6hl0e9zr56x3s9mjwdttm875rvdnm5ls39pmfz
Bullish. 🐂