These days are too hard for Iranians because of the internet blackout and suppression by the Islamic regime of Iran. Based on statistics almost all Iranians are in an internet blackout and consequently, Iranian miners separated the Bitcoin network. Clearly, you can see a noticeable drop in the via_btc pool hash rate. these decrease in hash rate caused Bitcoin breakdown the falling wedge channel. Based on the news that the regime of Iran has released, the worldwide web would be accessible in Iran in the next few days so the hash rate will be corrected. By considering this all, I expect Bitcoin to stop its downtrend around 7700$.
Apart from this, please don't forget the Iranians. They need your help.
Thanks.
Apart from this, please don't forget the Iranians. They need your help.
Thanks.