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 BTC difficulty drops by the biggest margin since 2021 December 6, 2022 Bitcoin ‘faces headwinds’ as US money supply drops most since 1950s April 6, 2023 Bitcoin on track to see its highest weekly close of 2022 March 27, 2022