Today we discuss Bitcoin in April

TradingShot Chart via Trading View

Bitcoin Market Health

Charts via Glassnode Studio

The network difficulty is a relative measure of how hard it is to mine a new block for the Bitcoin blockchain. Meanwhile, simultaneous rising hash rate and mining difficulty suggest that miners are continuing to allocate a record number of resources to secure and invest in the network.

With the hash rate currently at record levels of around 170 EH/s, the difficulty adjustment, which occurs every 2016 blocks, makes sure that the time…