"Although these two assets are not strongly correlated in general, there has been a notable increase in correlation during this cycle between 
BTCUSD and $INTOTHEBLOCK:BTC_HASHRATE. If this trend continues, Bitcoin's price could potentially follow suit, targeting the $95K–$GETTEX:97K range."
BTCUSD and $INTOTHEBLOCK:BTC_HASHRATE. If this trend continues, Bitcoin's price could potentially follow suit, targeting the $95K–$GETTEX:97K range."
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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.