In the first mining capitulation of 2020 we saw as a first a drop in price and causes a Mining Capitulation

Now we are seeing that Halving by reducing profit causes another drop in the hash rate, (miners shutting down equipment due to decreased profits). That it will produce a new Mining Capitulation indicated by the Hash Riboons.
This is indicated by the decrease in the hash rate, if the price remains below $ 12,000 approx.

The indicator of the Capitulation Mining Hash Ribons which is an indicated that can indicate good points of purchase of Bitcoin works with average lines of 30 and 60 days of Hash rate and gives a date after the event. It does not give the best point of purchase as you can see in the graph.

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