๐ŸŽข$BTC #CryptoQuant : Lowest Bitcoin Hash Price Indicating the Buy Opportunity

This chart shows the relationship between Bitcoin price (BTC Price) and Hash Price, which reflects the profitability for miners. The highlighted sections in the chart (blue boxes) indicate periods where the Hash Price dropped to lower levels, corresponding to times when Bitcoin prices were also at or near their lowest points.

Historically, these lower Hash Price periods have coincided with Bitcoin price bottoms, suggesting that the current low Hash Price might indicate that Bitcoin's price is near a bottom as well.