If you are thinking of Investing in Bitcoins , now is the time , the hash rate hit an all time high of 130 Eh/s yesterday.
Now in simple words hash rate determines how secure the network is , now resistance of 12k has been already broken and people who brought Bitcoins are already in profit.
We might start a rally towards 15k
Why is hash rate all time high so important ?
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Well due to halving the small miners had to shut down their business and therefore the hash rate dropped , as predicted since they won't be able to pay for the electricity bills with the halved reward , but major companies involved in Mining did overcome this problem and here we are .
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It might be the cause of wrapped BTC tokens being popular or even due to the increasing prices of gold which is causing Investors to shy away from investing in the market.
There are a lot of reasons why we are going forward , but at the end of the day I do believe 2020 is going to be a good year for Bitcoins , has rate has been compensated for and the resistance has been broken.
Invest !! HOLD!!!
What do you think ??
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https://news.bitcoin.com/bitcoins-hashrate-hits-record-high-130-eh-s-as-btc-price-faces-resistance-at-12000/ *_*