Part 12/18:
Hash rate analysis continues to support bullish outlooks. Even as Bitcoin's price is at around $62,000, the network’s hash rate—computing power securing the network—is four times higher than previous peaks. This suggests substantial fundamental strength, potentially supporting prices of $250,000 or more, based on market cap-to-hash ratio models.
Bitcoin’s security, reflected by hash power, provides critical confidence in its resilience and longevity. The correlation between increased hash rate and price appreciation is reinforced as a core principle.