Hash Ribbon Buy just fired Long

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

⋅ Apr 26, 2020 8:54 AM

Hash Ribbon Buy

The Bitcoin Buy signal which occurs about once a year just fired.

Note: The halving is just 2 weeks away. Expect another signal within the next 3 months, like 2012 and 2016.

Historically this means that the next 30 days is a great time to accumulate more Bitcoin.

Beyond Technical Analysis Bitcoin (Cryptocurrency)BTC hashrate buy LONG strategy crypto hashribbon capitulation

Comments

Prometheus777

⋅ May 16, 2020 7:09 AM

so is this preparing for another dive and a further signal?

f-73

⋅ Apr 26, 2020 5:01 PM

We're grateful for such an interesting indicator.

juba64

⋅ May 21, 2020 3:34 PM

incredible.

ferGOD

⋅ Apr 26, 2020 6:11 PM

The Hash Ribbon Indicator

"Because of the effect of negative sentiment and price action during deep bear markets and times of miner capitulation, the best time to buy Bitcoin is typically somewhere in the middle of the “miner capitulation” period. But of course, this cannot be known until after the fact."
"A simple 1- and 2-month simple moving average of Bitcoin’s Hash Rate can be used to identify market bottoms, miner capitulation and — even better — great times to buy Bitcoin." - Charles Edwards

source > medium.com/capriole/hash-ribbons-bitcoin-bottoms-60da13095836

FerroIgnique

⋅ May 20, 2021 9:44 PM

The ribbon also presents on other coins. It it pulling hash info on things like XMR, EOS, and ETH?

HuguesDohmen

⋅ May 1, 2020 7:15 AM

What is this red vertical bar on the right side of the hashribbon chart?

matt8932

⋅ Apr 29, 2020 9:36 PM

Legendary.

cakeuptenth

⋅ Apr 27, 2020 4:46 PM

Mine still says buy but showing a red line on 1day and 4hr what does that mean? Can anyone help

manny4

⋅ Apr 26, 2020 10:30 PM

No longer flashing buy signal on BraveNewCoin Liquid Index for Bitcoin. Flashed buy when I looked on 25th but disappeared when I looked 26th. Any ideas?