Tag: hash ribbons

Aug 24 2022

Rare Signal Emerges Hinting Now Is The Best Time To Buy Bitcoin

The time-tested hash ribbons indicator flagged a rare buy signal on Friday, suggesting now is the best time to buy bitcoin.Hash ribbons, an indicator with a proven track record of spotting opportunistic entry points for bitcoin, has flashed a buy signal suggesting now is a prime period to purchase the peer-to- peer currency.Knowing when is the best time to make an investment...

Jul 13 2022

Is The Bitcoin Price Bottom In? Here’s What Hash Ribbons Tell Us

The bitcoin price tends to be cyclical, and we’re all trying to time the bottom. Can hash ribbons be the metric that predicts it?The question of whether the bitcoin price bottom is behind us is on the minds of many investors who are poised with the challenge: buy the dip or wait for a bigger one?Financial predictions are seldom accurate, and...

Mar 23 2022

Bitcoin Mining Hash Ribbons As A Market Indicator

Analyzing the changes in average hash rate to measure miner capitulation in the bitcoin market can be a market indicator for miner capitulation.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox,...

Aug 11 2021

This Buy Indicator Shows The Bitcoin Price Is Ready To Explode

One of the best buy indicators in bitcoin flashed this week, suggesting the price is primed to explode.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.On August...

Jun 09 2021

Bitcoin Network Gets Unprecedented Stress Test, Still No Buy Signal

Jun 09 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt charles edwards

Bitcoin price action is what everyone cares most about, however, the health of the network the asset underpins can have a dramatic impact on price action as the market has recently witnessed. A massive drop to the hash rate, China cracking down on miners, and energy FUD all contributed to one of the worst selloffs on record. This...

Dec 02 2020

The Most Profitable Buy Signal In Bitcoin Is About To Trigger Despite Distance From ATH

Dec 02 2020 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt charles edwards

Bitcoin price this week set a new all-time high price record, taking the leading cryptocurrency by market cap to right below $20,000 before a minor pullback began. And while there is always a possibility that the asset could see a stronger correction given how overheated it is and how profitable the year of 2020 has been, one indicator is pointing to significant upside...

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