#MinerPressureSignal
⛏️Miner Pressure Signal for $BTC Hashrate
📊This powerful tool tracks the relationship between the 30-day and 60-day moving averages of the Bitcoin hashrate.
❓How It Works:
➡️ When the 30-day moving average of the hashrate drops below the 60-day moving average, the Miner Pressure Signal is triggered, highlighting potential stress in the mining ecosystem. This can serve as a key metric for traders, analysts, and enthusiasts to anticipate market shifts.
❓Why It Matters:
➡️ Miners play a crucial role in securing the Bitcoin network, and periods of pressure can signal broader market dynamics. This indicator empowers users to stay ahead of trends with clear, data-driven insights.