1. BUY ACTIVITY WITH VOLUME AND RISING PRICE (Why ?)
+
2. FOLLOWED FROM EXTRAORDINARY RISING OF THE HASH RATE (2x in some months)
+
BUY PRESSURE CONTINUE UNDER INCREASING OF THE HASH RATE
= 3. Bitcoin is preparing for a upper breakout!
This could happen from a instant lower hash rate (check the blue line) or with a small increasing every month (check the price in W or M timeframe)
DISCLAMER: This is my personal opinion, this is not intended as information to buy or sell bitcoins.
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Disclaimer
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.