A Bitcoin mining indicator Hash Ribbons is showing buy signal again

in #news • 3 years ago (edited)

A Bitcoin mining indicator that has showed up before several major BTC price rallies is appearing again.

1Bitcoin mining metric that has predicted every big BTC rally since 2020 is flashing again.png

2A Bitcoin mining indicator Hash Ribbons is showing buy signal again.png
Bitcoin hash ribbons. Source: Glassnode

3A Bitcoin mining indicator Hash Ribbons is showing buy signal again.png
Bitcoin hash ribbon crossovers in recent history. Source: Glassnode

Source: https://cointelegraph.com/news/bitcoin-mining-metric-that-has-predicted-every-big-btc-rally-since-2020-is-flashing-again

Not financial advice, just for study purpose. Every investment and trading move involves risk. You should conduct your own research when making a decision.

#bitcoin #crypto #blog
3 years ago in #news by
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