For the world’s leading cryptocurrency, Bitcoin, 2022 has been filled with many crests and troughs. Bitcoin has passed through different dilemmas that created a twist for performance and sentiment in the industry. The chronic crypto winter of the year halved the value of most crypto assets, of which BTC got a severe blow. Though the beginning of the year’s second half brought a little bullish trend, the bears were still quick to take over. But that’s not all it is on the world’s largest cryptocurrency by market cap. More discoveries for trends in BTC indicators and parameters are still unfolding. Related Reading: Ethereum (ETH) Struggles Ahead Of the Merge, Can Price Retest $1,900? Mining Difficulty Increases The latest Bitcoin mining difficulty adjustment increased by 9.26%. This current value is the most significant increase for the network since January 2022. Data from BTC.com revealed that on Wednesday, BTC mining difficulty reclaimed its lost value to hit 30.98 trillion. This was against the value of 28.35 trillion as of August 28. The report from BTC.com gave some estimates for the possible future difficulty adjustment for Bitcoin. From the forecast, BTC would witness a fourth in almost 13 more days. This subsequent adjustment is expected to be a more modest increase reaching 31.16 trillion. If the estimated difficulty occurs, it will spar with the 31.25 trillion of May 10, BTC’s most signif...
