##BITCOIN HASH RIBBONS FLASH RARE BYE SIGNAL ##🔥 🚦 🚦

bitcoin’s Hash Ribbons indicator has issued a new buy signal, highlighting stress within the mining sector. The tool monitors the 30-day and 60-day hashrate moving averages to detect periods when mining becomes less profitable

Such stress often forces miners to sell their BTC, adding short-term selling pressure. However, this has historically reflected attractive buying opportunities for long-term investors. Given Bitcoin’s hash rate has recently hit all-time highs, the emergence of this signal suggests the current market dip may be worth buying.

It’s important to note that, aside from 2021’s mining ban in China, this indicator has proven consistently reliable in identifying solid entry point.