One Of Bitcoin’s Most Reliable Buy Signals Just Flashed

One Of Bitcoin’s Most Reliable Buy Signals Just Flashed

The Hash Ribbon indicator—an on-chain metric designed to identify periods of miner capitulation and subsequent recovery—has just issued a bullish signal for Bitcoin. Several well-known figures within the BTC community highlighted the event through posts on X , suggesting that the signal could mark a turning point in the market. The Ultimate Bitcoin Buy Signal? First introduced by on-chain analyst Charles Edwards, the Hash Ribbon relies on two moving averages (commonly the 30-day and 60-day averages of Bitcoin’s hash rate) to determine when mining difficulty and hash power may have....


Related News

Will Bitcoin Enter Its Most Massive Bull Cycle? This Engineer Thinks So

Although Bitcoin is having a rough moment this week, with prices oscillating between $93k and $96k, at least one popular crypto commentator is predicting a massive price run soon. According to Ted Boydston, the market should prepare for a manic bull run in the coming days, with Bitcoin’s price targeting $225k. Related Reading: Bitcoin As A Strategic Asset? CryptoQuant CEO Questions US’s Next Move Boydston highlights the price oscillator on M2, which offers real-time buy and sell signals for traders and investors. He then explained that the tool recently displayed a buy signal. And if....

Bitcoin Price Edging Lower Prior To Surge?

There is still very little to deduce from the bitcoin price chart. Whether looked at in the larger or smaller timeframes, there are no definite signals to trade. The 15-minute chart moving averages are in disarray and the technical indicators hardly provide profitable signals. For example, the stochastics (second from top) signal a large number of conflicting divergence signals – but how to discern which one is a reliable entry signal? Some precede medium range moves, others – accompanied by MA cross-overs – result in tiny moves. The overall impression is that the market sentiment is in....

Bitcoin Hash Ribbons Flash ‘Buy’ Signal: Analysts See New Highs On The Horizon

Bitcoin (BTC) has recently shown renewed strength in its market stance, with positive signals emerging from key market indicators. This emerging positivity in BTC’s market indicators comes on the heels of the asset seeing a gradual recovery in price over the past weeks. Earlier today, BTC again came closer to the $70,000 mark with a 24 hour high of $69,217. However, the asset has since retraced with a current trading price of $68,644, up 1.6% in the past 24 hours. Related Reading: Bitcoin Short Positions Face Serious Risk Above $68,500 – Details Bitcoin Hash Ribbons Flash Buy Signal....

Bitcoin price blasts through $43K, hitting its highest price since May

Bitcoin’s breakout above $43,000 puts the price at a multi-month high and possibly reignites the bull market that traders have been anxiously awaiting. Bitcoin’s (BTC) price rallied to a multi-month high at $43,231 on August 6 and this allowed the digital asset to break free of the trading range it had been stuck in since May. Data from Cointelegraph Markets Pro and TradingView shows that after trading sideways through the early morning hours on Friday bulls staged a rally that lifted the price of Bitcoin (BTC) to an intraday high at $43,231, its highest level since May 19. BTC/USDT 4-hour....

Bitcoin’s 70K Floor? Coinbase India Move Signals Industry Growth – Best Presa...

Bitcoin’s rollercoaster ride continues, and according to BitMEX co-founder Arthur Hayes, the next stop could be $70K. His prediction follows Bitcoin’s four-month low of $76.8K on March 11th, marking a 36% correction from its $110K all-time high. But Hayes reassures investors – this is textbook bull market behavior, not a sign of long-term weakness. His […]