Miners have capitulated, history says that the average rise over the next 180 days is 72%, do you dare to believe it? These past two days, Twitter has been buzzing about VanEck's report, Bitcoin's computing power has decreased by 4%, confirming the miners' capitulation signal. Then a bunch of people start repeating "historical patterns": since 2014, after negative growth in computing power, there is a 65% probability of a rise within 90 days, and a 77% probability within 180 days, with an average rise of 72%.
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Miners have capitulated, history says that the average rise over the next 180 days is 72%, do you dare to believe it? These past two days, Twitter has been buzzing about VanEck's report, Bitcoin's computing power has decreased by 4%, confirming the miners' capitulation signal. Then a bunch of people start repeating "historical patterns": since 2014, after negative growth in computing power, there is a 65% probability of a rise within 90 days, and a 77% probability within 180 days, with an average rise of 72%.