๐ Bitcoin's hashrate drawdown, a measure of network computing power, has hit lows unseen since Dec 2022, suggesting a potential price bottom for the crypto giant. ๐ Data from CryptoQuant shows a -7.6% drawdown, with other metrics like Bitcoin Exchange Reserve and Miners Position Index hinting at low selling pressure. ๐ก This could be a golden opportunity for Bitcoin buyers! ๐ค What do you think? Will this trend continue or will we see a surge in selling pressure? Let's chat in the comments! ๐ #Bitcoin #CryptoMarketTrends