In the past, when the hash rate (30EMA) reached two peaked and decreased, bitcoin prices also decreased twice.

In-the-past-when-the-hash-rate-30EMA-reached-two-peaked-and-decreased-bitcoin-pr

Hashrate has dropped dramatically

This suggests that some miners have stopped mining and are experiencing financial difficulties.

Miners who stop mining are likely to sell their Bitcoins

In the past, when the hash rate (30EMA) reached two peaked and decreased, bitcoin prices also decreased twice.

Keep an eye on the trends of miners