Could this be a bullish sign as halving approaches?

[Ashong Salonga]

Nobody truly knows what will literally happen right after the upcoming event of this year 2020 which is the Bitcoin halving since we are all into a community wherein change is inevitable that in any single moment of time, price changes in an unpredictable rate depending on the volume of demands exerted by the people supporting any kind of cryptocurrency existing in the market. But many people are really expecting that the upcoming event might trigger the rise in the price value of Bitcoin together with the Altcoins that depends their prices on Bitcoin. Let us just all see what will happen as soon as the halving was done. But as of now, let us just seize the moment that the price behavior of almost all cryptocurrencies are doing good specially for Bitcoin that have started the year with a good price increase even the halving event is a couple of months away from now.

[Shasha80]

It is true that an increase in hashrate of bitcoin is not a guarantee of 100% bitcoin will occur bull run. But if we think calmly,
this hashrate increase significantly and suddenly this is very rare and I think this is indeed a bitcoin signal coming soon
bullish.Everyone is free to give their opinions respectively, but for me personally this is a sign that bitcoin will happen soon
bull run and this is possible because halving is also happening soon. So actually the signs of bitcoin will rise a lot. And
I really hope this all comes true.

[Kelvinid]

It is true that an increase in hashrate of bitcoin is not a guarantee of 100% bitcoin will occur bull run. But if we think calmly,
this hashrate increase significantly and suddenly this is very rare and I think this is indeed a bitcoin signal coming soon
bullish.Everyone is free to give their opinions respectively, but for me personally this is a sign that bitcoin will happen soon
bull run and this is possible because halving is also happening soon. So actually the signs of bitcoin will rise a lot. And
I really hope this all comes true.

It can be as hash rates depend on the market transaction. Yes, we could raise some instances that the more people will come, there will be a huge impact on the market price and lifted up as the demand increase( that was basically the result). For what this hash rate means now to the market, it could give some indications that the market will possibly be moving forward and that was seemingly we want to see as halving may launch this year.

But of course, we don't have to expect too much and not to think that we can be in bullish early this year coz in the previous halving, most prices will hugely pump after the said event and that was (probably) in the 3rd and 4th quarter.