Hash Ribbon Signals Bitcoin's Next Low
Update: 2025-11-27
Description
Hash Ribbon Indicator Predicts Bitcoins Bottom: A Fascinating Cryptocurrency ToolThe Hash Ribbon indicator, a cryptocurrency tool, predicts Bitcoins price bottom by tracking mining power. When mining becomes less profitable, it often signals a good time for Bitcoins price to turn around. Historically, when the sixty-day moving average of the hashrate crosses above the thirty-day average, it has marked strong buying opportunities. The latest signal appeared after a significant price drop, indicating a potential recovery. The indicator has also coincided with major events like Chinas Bitcoin mining ban and the FTX exchange collapse.
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