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.
