I just found this peach of a chart

It shows the bitcoin difficulty adjustments over the past 7 years.

A Red dot indicates a positive adjustment while a Blue one indicates a negative one.

And that is all overlayed on a price chart.

Look at what happens when we see a Blue dot followed by a Red dot:

(Source: https://twitter.com/100trillionUSD/status/1194219172861030400)

The next difficulty adjustment is projected to be positive, so Red.

Which means we have a Blue then Red setup.

That has been good news in the past.