Source: CryptoNewsNet
Original Title: Bitcoin Hash Ribbon Buy Signal Flashes as Miner Recovery Sparks Bullish Outlook
Original Link:
Bitcoin’s Hash Ribbon indicator has started flashing a buy signal. This signal appears when miner stress fades and network health improves. The short-term hash rate average has now crossed above the long-term average. That crossover signals the end of miner capitulation.
Miner capitulation happens when inefficient miners shut down. It usually follows price weakness. Once miners return, it shows confidence in future profitability. This recovery phase often marks a turning point for Bitcoin’s price cycle.
At the time of the signal, Bitcoin trades near the $95,000 level. Price holds firm while network strength improves. That combination attracts long-term investors. It also increases confidence across the market.
Why the Hash Ribbon Matters Historically
The Hash Ribbon indicator has a strong historical track record. It triggered near major Bitcoin bottoms in previous cycles. Past signals appeared in 2012, 2015, 2018, and 2022. Each instance preceded a sustained price recovery.
This indicator focuses on fundamentals rather than hype. It tracks real miner behavior. Miners secure the network. Their actions reflect long-term expectations. When miners recover, they signal belief in higher future prices.
Because of this, many analysts treat the Hash Ribbon as a macro confirmation tool. It does not predict short-term moves. It identifies periods where downside risk reduces significantly. That makes it valuable during uncertain market phases.
Market Context Strengthens the Signal
This signal appears during a broader market recovery. Bitcoin recently bounced after consolidation. Buyers stepped in on dips. Volatility remains controlled. Liquidity conditions improve gradually.
At the same time, institutional interest continues to build. ETFs, on-chain activity, and long-term holding metrics remain strong. Miner recovery adds another layer of confirmation. It supports the idea that the market has absorbed recent selling pressure.
Community sentiment reflects growing optimism. Traders interpret the signal as validation, not speculation. That shift in mindset often precedes trend continuation.
What This Means Going Forward
The Hash Ribbon signal does not guarantee immediate price acceleration. Markets still experience pullbacks. Macro events can introduce volatility. However, this signal historically reduces the probability of deep drawdowns.
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Bitcoin Hash Ribbon Buy Signal Flashes as Miner Recovery Sparks Bullish Outlook
Source: CryptoNewsNet Original Title: Bitcoin Hash Ribbon Buy Signal Flashes as Miner Recovery Sparks Bullish Outlook Original Link: Bitcoin’s Hash Ribbon indicator has started flashing a buy signal. This signal appears when miner stress fades and network health improves. The short-term hash rate average has now crossed above the long-term average. That crossover signals the end of miner capitulation.
Miner capitulation happens when inefficient miners shut down. It usually follows price weakness. Once miners return, it shows confidence in future profitability. This recovery phase often marks a turning point for Bitcoin’s price cycle.
At the time of the signal, Bitcoin trades near the $95,000 level. Price holds firm while network strength improves. That combination attracts long-term investors. It also increases confidence across the market.
Why the Hash Ribbon Matters Historically
The Hash Ribbon indicator has a strong historical track record. It triggered near major Bitcoin bottoms in previous cycles. Past signals appeared in 2012, 2015, 2018, and 2022. Each instance preceded a sustained price recovery.
This indicator focuses on fundamentals rather than hype. It tracks real miner behavior. Miners secure the network. Their actions reflect long-term expectations. When miners recover, they signal belief in higher future prices.
Because of this, many analysts treat the Hash Ribbon as a macro confirmation tool. It does not predict short-term moves. It identifies periods where downside risk reduces significantly. That makes it valuable during uncertain market phases.
Market Context Strengthens the Signal
This signal appears during a broader market recovery. Bitcoin recently bounced after consolidation. Buyers stepped in on dips. Volatility remains controlled. Liquidity conditions improve gradually.
At the same time, institutional interest continues to build. ETFs, on-chain activity, and long-term holding metrics remain strong. Miner recovery adds another layer of confirmation. It supports the idea that the market has absorbed recent selling pressure.
Community sentiment reflects growing optimism. Traders interpret the signal as validation, not speculation. That shift in mindset often precedes trend continuation.
What This Means Going Forward
The Hash Ribbon signal does not guarantee immediate price acceleration. Markets still experience pullbacks. Macro events can introduce volatility. However, this signal historically reduces the probability of deep drawdowns.