---
title: "Bitcoin hashrate drawdown reaches December 2022 levels"
url: https://diffcoin.com/bitcoin-hashrate-drawdown-reaches-december-2022-levels/
description: "This metric can be used to spot relative bottom points in the market price of Bitcoin and signal potential accumulation opportunities. Source link"
published: 2024-07-01
updated: 2024-07-01
author: "Mila"
site: "Diffcoin"
---

# Bitcoin hashrate drawdown reaches December 2022 levels

This metric can be used to spot relative bottom points in the market price of Bitcoin and signal potential accumulation opportunities.

[Source link](https://cointelegraph.com/news/bitcoin-hashrate-drawdown-december-2022-levels)