As I had a ruff week, I did not had time to bring the weekly Macro-to-crypto and as most of charts have changed, let's focus on BTC Halving, Miners and Hash dynamics!

This week we'll see a drop in rewards/inflation by half and probably many miners will start turning off unprofitable machines, meaning in a Drop of the Hashrate and it will ignite an old indicator called Hash Ribbons!

What are Hash Ribbons ?

The Hash Ribbon works with 30 and 60 SMAs (simple medium average). So the Short SMA will fall and the longer one will touch it in about 30 to 70 days, as shown below or HERE.

Miners Selling

Another Play, that is stronger in the Bearmarket, goes along with Hash Ribbons, are the Selling pressure from Miners (to acquire new equipment). Overall, we can see in the Cryptoquant Chart that the Miners Reserves (blue line) drops to 2021's lows, as Miners selling about 30 Thousand BTC since october, but they still doubled their revenue to an aggregate of U$ 130 Billion dollars.

Halving - a 365 Day Before and AfterComparison

Below or HERE , we observe that the price of Bitcoin generally brings higher returns 365 days after the halving compared to the 365 days prior to the halving. That is to say, despite the 113% increase, what typically follows will have a greater impact on the asset's price, pushing the price of the asset to levels above one hundred thousand dollars per unit. Show Less