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Aug 21, 2022 4:26 PM

Bitcoin Hash Ribbon Buy Signal Long

BITSTAMP:BTCUSD1D
Bitcoin / U.S. dollarBitstamp

Description

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Bitcoin has flashed a buy signal on the daily, using the Hash Ribbon indicator. The last time that this fired was in August of 2021, after the capitulation crash.

This could indicate a bottom in Bitcoin, or at least the start of a bottoming process.

BITSTAMP:BTCUSD
Trend AnalysisBTCUSDBitcoin (Cryptocurrency)hashribbons
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