The Bitcoin hash ribbons indicator has recently flipped back to a buy signal on the weekly timeframe, according to a Jan. 8 video analysis from crypto analyst Kevin (@Kev Capital TA). The setup matters, he argued, because the model has historically been associated with higher prices after corrective periods, even if its record is no…
View More Bitcoin Indicator With 84% Hit Rate Flashes Again: Is A Price Rally Next?
On-chain data suggests Bitcoin miner capitulation may have ended as the Hash Ribbons indicator has printed a fresh buy signal. Bitcoin Hash Ribbons Have Seen A Bullish Crossover As highlighted by Capriole Investments founder Charles Edwards in a new X Hash Ribbons” here refers to a metric created by Edwards that basically provides a representation…
View More Bitcoin Miner Capitulation Ends: Hash Ribbons Flash Buy Signal
On-chain data shows the popular Bitcoin Hash Ribbons indicator has just given a miner capitulation signal. Here’s what this could mean. Bitcoin Hash Ribbons Now Signaling Miner Stress As pointed out by CryptoQuant author Darkfrost in an X Hash Ribbons have shown a crossover that has historically corresponded to rising stress among the miners. The…
View More Bitcoin In An Opportunity Zone? Hash Ribbons Flash New Buy Signal
The Hash Ribbon “buy” trigger – a signal embedded in Bitcoin’s network hashrate dynamics – has flashed again, and technical analyst Astronomer Zero believes it could pave the way to at least $170,000 per coin. A chart the analyst posted on X on 12 June overlays every prior weekly‐time-frame Hash Ribbon entry since 2020 on…
View More Bitcoin’s Most Reliable Signal Just Flashed—Next Stop: $170,000