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📈 #BTCHashratePeak Bitcoin's hashrate has recently surged, reflecting increased mining activity and network strength.
- 🔹 According to Kryptex Pool, the estimated hashrate stands at 886.70 EH/s (exahashes per second). - 🔹 Meanwhile, minerstat reports a slightly higher figure of 927 EH/s.
To put this into perspective: Hashrate represents the computational power used to mine and secure Bitcoin. A higher hashrate means more complex calculations are being performed every second, indicating a more secure and competitive network.
🕒 For the latest 2-hour BTC chart, check your preferred analytics platform to stay updated on price movements and mining trends.
Bitcoin is currently trading around $117,760, showing signs of consolidation after a volatile week. 🔻 Support Zone: $112,000 🔺 Resistance Zone: $120,000 📈 RSI: 53 – Neutral momentum 📉 MACD: Bearish histogram, mixed signals 📊 ETF Outflows: $333M last week, testing market resilience 📌 Golden Cross pattern reappears – historically bullish signal
Outlook: BTC is holding above key EMAs but faces resistance near $120K. If bulls reclaim momentum, a breakout toward $123K is possible. Otherwise, failure to hold support may trigger a correction to $110K.
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