Replying to Avatar LukeMikic21

The #Bitcoinย hash rate is going absolutely parabolic, smashing through 400TH/s & another ATH!๐Ÿš€

This is the 1st bear market where the hash rate is hitting new ATHs...๐Ÿ“ˆ

Is this time different?

These are the 3 reasons the 2025 bull market will NOT look like 2017 or 2021 bull markets:๐Ÿ‘‡

This recent hash growth is unprecedented because many people were expecting we would see a repeat of 2018 & 2021...

In December 2018, the Bitcoin price crashed 50%, from $6K to $3K.๐Ÿ“‰

This caused a ''Bitcoin mining death spiral,'' as the hash rate also dropped over 30%.๐Ÿ“‰

Then in 2021, China banned Bitcoin mining, causing a 60% crash in the Bitcoin price.๐Ÿ‡จ๐Ÿ‡ณ

This caused a ''Bitcoin mining death spiral,'' as the hash rate also dropped over 30%.๐Ÿ“‰

IS THIS TIME DIFFERENT?

Reason #1: Hash Rate Race

Nation states are publicly and privately mining Bitcoin in this bear market...

๐Ÿ‡ด๐Ÿ‡ฒOman

๐Ÿ‡ง๐Ÿ‡นBhutan

๐Ÿ‡ท๐Ÿ‡บRussia

Reason #2: Supply Suffocation

In every prior Bitcoin bear market we've seen an increase in the number of coins on exchanges:

๐Ÿ“ˆ2015- Increase of 800K coins

๐Ÿ“ˆ2018- Increase of 900K coins

๐Ÿ“‰2022- DECREASE of 1M since Mar 2020

Reason #3: The Great Wall Street Accumulation

The Blackrock Bitcoin ETF application will be remembered as a pivotal moment for Bitcoin's future mainstream adoption.

TRILLIONS of capital has now been given the green light to invest in Bitcoin.๐ŸŸข

Takeaways: NOBODY is bullish enough.

Do you agree or disagree?

Let me know below.๐Ÿ‘‡

Agree ๐Ÿ’ฏ

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