đ° Bitcoinâs hashrate has fallen 16%, marking the sharpest drop since Chinaâs mining ban in 2021.
Declines of this scale usually signal serious pressure on miners â forced shutdowns, operational shakeouts, and the network flushing out inefficient hash power before finding equilibrium again. Historically, these stress phases have often lined up with strong dip-buying opportunities.
That said, itâs too early to turn fully bullish. Key liquidity in the $70Kâ$74K range remains untouched, and until that zone is cleared, caution is still warranted.
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