BTC BULL ZONE:
Whenever Hash Ribbons printed BUY Signal on BTC WEEKLY tf, it yielded in MAX returns. or in other words, we can say that it marks the BTC BULL PHASE.
Thanks to the Eth Merge, ETC is more secured than ever thanks to the influx of new miners. Investors never got into ETC because of its vulerabilities. Monthly is looking bullish as well as a Bullflag with a measured move of to about $550. ETC hashrate has also seemed to have bounced on the all-time chart.
The orignal ETH will STAND up......
Here is an update on this awesome indicator that compares two moving average for the mining Hashrate,
Which has always resulted in a good trade historically
Trade responsibly
Traders,
I recently dove a bit deeper into the Puell Multiple indicator. In this video, I want to share what I have discovered. We'll discuss: what the Puell Multiple is, what it calculates, and how that calculation is made. We'll also closely examine what this valuable indicator tells us about the current Bitcoin price. Enjoy.
Stew
OK crew, if you've been following my previous XRP "Stick a fork in it" idea, we made some pretty solid moves that really focused on ;
A. Scalps and light profit taking
B. Wealth preservation and keeping the portfolio in steady growth
C. General price directions on the daily, which we nailed gloriously
So moving to the new idea here (bonus if you got the library...
This has worked without fail in the past as an early warning sign for incoming sell-off. Could this time be different? We should find out tomorrow after CPI data is released, since consensus is mixed across YoY CPI and Core CPI, we could get an unpredictable reaction, although risk-on markets look to be bullish there isn't that much optimism there yet.
If this...
Hi all,
Hash Rate leads Difficulty in identifying Bitcoin Miner Capitulation.
Hash Ribbons is close to a buy signal and is it would be wise to pay attention.
Usually this indicator has a high probability of success if we analyze the history of buy signals and price action after that.
Since it is a lagging indicator, I frequently take DCA into account before BUY...
I paid attention to the Bitcoin Network Hashrate.
It seems that the fall has not even passed into the active phase.
Industrial private miners are still hoping for price recovery and do not turn off their equipment.
People bought many ASIC miners for tons of credit money.
BTC Hashrate = -27% after the shutdown of miners in Texas.
Best regards EXCAVO
The Hashrate Lines are messed up, more to provoke thought. I encourage you to explore this relation on your own terms.
Blue = HashValley
Orange = HashPeak
Theory:
Orange signals end of run up
Blue signals end of run down
Blue -> Orange = Upwards
Blue -> Blue = Double bottom
Orange -> Blue = Downwards
Orange -> Orange = Double peak
Characteristics:
During...
Yet another new ATH on Bitcoin's hashrate, which on last occasion many called as a sign for recovery/new bull run and all that hopium you are probably used to by now, but it played out exactly as all ATH's this year with a big sell off. That time even stronger than I expected (you can see my previous trade ideas linked). There was some discrepancy between 27th of...
We just had a significant BTC Hashrate increase over last 24hs of over 30% bringing us to a new ATH. As highlighted on my chart, last two ATH's were on 1st and 13th of Jan followed by significant drops in BTC price, these were first new highs since April 2021 after which we've seen a strong move down. While this analysis considers only recent changes in hashrate...
Sphere 3D Corp. (ANY) deal for rights to bitcoin mining agreements of 60,000 new bitcoin mining machines for a total of 5.7 Exahash of computing power.
Marathon is on-track to deploying 103,120 miners which will provide a combined output of 10.37 ExaHash, resulting in an estimated 50-60 BTC per day.
MARA Market Cap 5.036Bil vs ANY Market Cap 254Mil
MARA 10.37...
OLB is a micro cap miner. Their market cap is <$40m while it *should* be 5-7x this per other miner valuations like MARA, RIOT, BITF, HUT, etc. They have 600 rigs in operation and it will go grow to 1000 by the EOY. SDIG who recently just went public has 3000 miners operating and has a market cap of $500M… OLB is 1/3 the rigs but greater than 1/10th the market cap....
Sphere 3D Corp. (ANY) deal for rights to bitcoin mining agreements of 60,000 new bitcoin mining machines for a total of 5.7 Exahash of computing power.
Marathon is on-track to deploying 103,120 miners which will provide a combined output of 10.37 ExaHash, resulting in an estimated 50-60 BTC per day.
MARA mk cap is 4.34Bil vs ANY Market Cap 464Mil.
MARA 10.37...
