BTC: Whenever This Signal Flashes...
On a macro timeframe, whenever the Hash Ribbons indicator flashes for Bitcoin, it is followed by a run up. You can see this on multiple occasions in the past several years of Bitcoin's history.
What is the Hash Ribbons indicator?
This indicator tries to identify periods where Bitcoin miners are in distress and may be capitulating. These periods can occur when the price of BTC is at major lows, and may therefore present a good opportunity to buy the dip.
What is the Hash Ribbons indicator?
This indicator tries to identify periods where Bitcoin miners are in distress and may be capitulating. These periods can occur when the price of BTC is at major lows, and may therefore present a good opportunity to buy the dip.
註釋
Here is the chart on the monthly timeframe, showing the 2018/2019 bear market bottom.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。