Bitcoin Hash Ribbon Flashes “Buy” Signal as Price Holds Above $107K
While Bitcoin has shown a bearish performance recently, a reliable on-chain indicator suggests a sustained uptrend could be on the horizon.
Specifically, Bitcoin’s on-chain momentum received a strong bullish confirmation this week from the widely followed Hash Ribbon indicator, which has just flashed a fresh buy signal. Historically, this has marked some of the best long-term entry points in BTC’s cycle.
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