Bitcoin (BTC) is heading to at least $100,000 during the bull cycle which has already begun, one of the industry’s best-known analysts has confirmed. Speaking to RT financial news show the Keiser Report on March 3, Willy Woo said that described BTC/USD hitting $135,000 as a “common-sense prediction.” Woo to Keiser: BTC could soon clinch $250K Woo highlighted the cumulative average Bitcoin price as a particularly effective metric for forecasting future gains. “You go could 35 times the cumulative average of the price — and that’s actually picked every single top in the ten-year history of Bitcoin — right now …

Bitcoin (BTC) has seen yet another sharp increase in its computing power after its network hash rate grew 25% in a week. Hash rate climbs to all-time high Data from monitoring resource Blockchain puts Bitcoin’s hash rate at 87 quintillion hashes per second (h/s) as of Sept. 3. Bitcoin network hash rate. Source: Blockchain The figure passed 80 quintillion h/s for the first time in early August, and has set new highs on an almost daily basis in recent months. Hash rate refers to the overall computing power involved in processing Bitcoin transactions. The greater the metric, the more power …