Bitcoin price enters ‘transitional phase’ according to BTC on-chain analysis
BTC has struggled to overcome the $25,000 level, but on-chain analysis suggests that the pushback at the key price level is part of the transition out of the bear market.
Investors that purchased BTC within the last six months benefited from the early bear market conditions and have an average realized price of $21,000, which places them in profit. The average market realized price across all BTC holders is $19,800, also currently in profit.
What about you? Would you like to benefit out of the current situation and get high profitability when the market grows?
Invest in Ecos cloud Mining now while the mining hash power is cheap. As soon as the market grows - the hash power prices will hike as well. And profitability of mining will skyrocket.
ECOS Company is an infrastructural DeFi platform which provides products and tools to generate income from digital assets.
The mission of ECOS DeFi Platform is to provide the user with simple, safe, reliable and effective tools for digital assets’ management and to develop its ecosystem around the world
ECOS is the biggest mining farm with its own advanced equipment located in the FEZ (free economic zone) of Armenia and direct connection to the largest power station Hrazdan.
Cloud mining gives an opportunity to lease real capacity of equipment for BTC mining.
The advantage of ECOS Mining among similar services is in the lowest commission at service operators, competitive value of electricity, that absence of tax encumbers.
Regarding the fact that ECOS DeFi Platform is a resident of a free-economic zone with special tax conditions.
Bitcoin miners' revenues increased in February.
Total revenue of BTC miners in February amounted to $627.4 million, an increase of 4% compared to January.
The Bitcoin hash rate increased last month by 6.73% driven by the overall market recovery, updating the high at around 319.4 Eh/s.
The invariably upward trend indicates industry participants' confidence in the long-term prospects of BTC and mining in particular.
It's still not late to invest in Bitcoin Mining as it is the same as printing money for yourself.
Cloud mining in ECOS is the easiest way to start mining - just select your mining contract and start receiving Bitcoins to your personal account daily.
The result of owning the Contract is the daily income from mining ECOS farm equipment.
The user receives accruals to his balance in his personal account, where he can withdraw earned money both in the form of BTC and fiat money on a bank card. In case of purchase of the Contract, the client does not bear any risks associated with the possibility of breakage or theft of the device.
When buying equipment, the client receives a connection to the world's largest mining pool (BTC.com), round-the-clock service and cheap electricity. Even more - the customer can pick up the equipment at any time by paying the shipping cost. The warranty on the purchased device is 6 months.
