Hashrate resuming more than half of the downward movement
What was the biggest correction in the computational strength of BTC, occasioned by the ban imposed by China, prompted miners to quickly shut down machinery and switch regions.
-70% since the last ATH, has now been recovering and clocks in at 0.618 FIBONACCI, just -30% off the all-time high.
The difficulty in the period has corrected twice, to maintain the average of 10 minutes per block, reaching levels seen since June 2020, shortly after the Halving event took place.
