Bitcoin [BTC]: Why a hashrate hike will favor the bears

Another ATH of Bitcoin’s hashrate could lead to BTC’s price fall. The king coin has recently detached from the S&P 500 trend. A significant drop in Bitcoin’s [BTC] price could be imminent if the hashrate reaches another All-Time High (ATH), a CryptoQuant analyst revealed on 23 February. Analyst Gigisulivan, who is also a macroeconomic specialist,