Per This Metric - Bull Market Not Over (Patreon)

This chart shows how Bitcoin's price connects to something called Hash Price, which tells us how much money miners are making.

The blue boxes on the chart point out times when the Hash Price dropped a lot, and these moments happened when Bitcoin's price was also very low. In the past, when Hash Price hit these low points, it often meant Bitcoin's price was at its lowest too. So, the fact that Hash Price is low right now might mean Bitcoin's price could be close to its bottom.

This is all driven by Tariff fears... Tariffs on Canadian and Mexican goods scheduled to go into effect on March 4 “will, indeed, go into effect, as scheduled,” Trump said on Truth Social. This is what is rattling markets.... i repeat however if he does this with Canada and Mexico in the current form, it will kill the US Automotive Industry overnight.... so I cannot see it happening unless it excludes certain items. Both ford and GM make 3% margins, a 25% tariff will kill them as many parts and vehicles come from North and South of the border.