BTC is coming back down to the 78.6% level. I think the Russian invasion of Ukraine is going to have an effect on this since Russia is a large part of the mining capacity worldwide. If there is a retaliation and their infrastructure is attacked, it may take a lot of miners offline.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.