Bitcoin: Mining Difficulty Drops 18.5% From Peak

Bitcoin mining difficulty has fallen 18.5% from its peak, the steepest decline since the 2021 China ban, according to Galaxy Research data shared by André Dragosch.

The adjustment mechanism keeps block times near the 10-minute target amid hashrate swings, giving Solominers a window to optimize operations while BTC trades at $64736.69. With price testing upper Bollinger resistance at $65203.14 while RSI sits at 59.1, a healthy retracement to the 50-EMA support at $63844.24 looks probable before further continuation, especially as the MACD golden cross at 107.52 reinforces the bullish EMA200 floor near $63637.08. This setup feeds directly into updated BTC price prediction models and helps traders gauge whether the current cycle avoids a repeat crypto market crash scenario.