BTC Price Prediction

The BTC price recently made a downside correction below the $10,000 level. During the decline, the price broke many supports, including the $9,500 and $9,300 levels. However, it remained well bid close to the $9,000 support zone. BTC is currently recovering steadily and trading well above the $9,300 level. There was a break above the 23.6% Fib retracement level of the recent key decline from the $10,390 high to $9,080 low. Notably, it appears there is a key contracting triangle…

As far as the Bitcoin network's components are concerned, the Bitcoin hashrate plays an integral part. Diving right into its essence, Bitcoin hashrate can be referred to as a parameter that calculates the number of calculations that the network can perform each second. Basically, it's the feature that gives dimensions to Bitcoin's architecture.  When Satoshi Nakamoto designed the world's first cryptocurrency, he had to solve a basic problem of getting nodes that would maintain the system and have an incentive…