BTC Hash Rate on the weekly time frame combined with technical analysis reveals that we are in a make or break moment... It's either a Weekly Bull Flag... or a Reversal Candlestick Pattern? 🤷 The miners will decide...
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The Indicator on the bottom is the BTC Hash Rate. I modified the Moving Average for "21 days" to filter out the noise. 🔴 Red Dot = Hash Rate crosses below Moving Average 💚 Green Dot = Hash Rate crosses above Moving Average Combing data science with analysis of supply and demand may be a useful strategy for determining probabilities of price direction. tradingview.com/.../c1foo8dz-Bitcoin-Hash-Rate/
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link to BTC Hash Rate Indicator
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Hmmm. Looks like Hash Rate updated and reversed back upwards...