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Updated
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a break is coming soon snapshot
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We got a -55% drop after the 20 week ma hit the ratio. Let's see what happens when the 50 week ma hits. Ratio very flat here, never happened like this before. Every time upon reaching 100ish, price would drop as hash rate continued. Then hash rate would crash with price, leading to market bottom. This time was really different! Hash rate crashed way more than even the cube of the price (China shutdown). Hash rate now back at resistance, let's see. snapshot
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Are you watching closely? snapshot
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snapshot
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