There are lots of news currently about Bitcoin hash rate which could make Bitcoin mining not profitable anymore

There are lots of news currently about Bitcoin hash rate which could make Bitcoin mining not profitable anymore. However, technically, Bitcoin trading volumes have increased in the last few weeks:

This volume increase has always been a good sign for Bitcoin. Furthermore, the crypto market is still correlated with the stock exchange market, for which the bear market could be over according to some indicators:

There’s a strong possibility that the bear market in stocks is over as investors have given up hope

Therefore, there is a real possibility that the bear market is also over for Bitcoin and altcoins, such as Ethereum (ETH) or Avalanche (AVAX).

Disclaimer: this article does not contain any financial advice. The information is provided for general informational and educational purposes only.

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