⚜MARKET MOVEMENT On a 30-day average basis, Bitcoin’s hash rate has remained in a steady uptrend regardless of BTC’s choppy price action, meaning that mining interest remains pretty much stable and that there are probably some high relevance underlying factors in our current market structure that will determine the fate of the market for the next months. What does this mean for the next 4-6 months in terms of price action? This means that miners are still at pretty much full throttle and interest remains highs, even though we can clearly see short term bearish price action on BTC and major alts. We expect to see a mid and eventually a long term move up from here, even though we could once again retest $17,000 before exploding to new highs.
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