One of the landing signals for me is the Hash Ribbons signal.
For me, the Hash Ribbons signal is very positive and strongly supports the rise of Bitcoin towards crazy targets! But...
Since the beginning of 2023 until now, every time this signal triggers, Bitcoin corrects to the last support and then rises! This means that this correction has happened 5 out of 5 times!
Therefore, I am strongly inclined to expect a correction to the last support up to $100,000, followed by a continuation of the rise!
Maybe people are not expecting to hear that there is a stronger correction, but this is my analysis of the signal. I am a person who listens to the chart, not to my personal opinion at all!
