Bitcoin’s discount to hash rate highest since early 2020 — Mike McGlone Post author:MiamiCrypto Post published:October 20, 2022 Post category:Bitcoin / Bitcoin price foundation / bloomberg / Hash Rate / Mike McGlone The senior commodity strategist is bullish on Bitcoin, revealing on Oct. 18 that its relative discount to hash rate has hit levels not seen since the first quarter of 2020. You Might Also Like 3 reasons why Bitcoin can rally back to $60K despite erasing last week’s gains March 7, 2022 Bitcoin Futures Market Signals Bullish Momentum as Short Liquidations Dominate June 4, 2025 The Six-Digit Struggle: What if Bitcoin Falls Short of $100K? June 30, 2024