Dr. Jeff on Nostr: Bullish. 🐂 nostr:note13mdhgakvuu5azskhkfwm6hl0e9zr56x3s9mjwdttm875rvdnm5ls39pmfz

Bullish. 🐂

quoting note13md…pmfz

The #bitcoin hash rate continues to climb (it's been growing at an exponential rate; see purple trend line).

When the price hit a high of $66k in 2021, hash rate was about 70% LOWER than it is now (current price is $54k). Think about that!

Bitcoin is a technology, a protocol, and should be assessed as such.

Network is strong. Fundamentals are strong. Price will catch up.

Lez go! Dr. Jeff (npub1k7v…c04l)