First of all, I’m sorry for the possible mistakes. English is not my native and this is my first try of being valuable to Crypto Community :)
The total computational power in the Bitcoin network reached the indicators of the beginning of November last year, which is the maximum level for these past four months.
So, according to Cryptocointraders, on Tuesday, March 19, this figure was more than 52 EH / s.
All experts have repeatedly reminded earlier, that price of Bitcoin follows the Hashrate, and the growth of this indicator states that optimism is on the market, in particular among miners.
It is also worth noting that the current level of Hashrate is more than four times higher than the figures that could be observed in December 2017, when the price of Bitcoin rose to a historical maximum of around 20K
So I’d better consider opening Long over the short position.
Happy trading! Wink
