#BTC
Hash Ribbons has completed the signal: what does it mean for BTC?
📉 Since the end of June, miners have been under pressure: the hashrate has decreased, some equipment has been turned off, and BTC has been sold to cover losses.
📈 Now the hashrate has started to recover — the Hash Ribbons indicator has completed the capitulation signal, which historically has predicted the bottom and the start of a new rise.
🧠 Why this is important:
— Pressure from miners is easing
— Stabilization of the hashrate = improvement in network sentiment
— In the past, such signals have become a starting point for BTC growth
⏳ Scenario: short-term volatility may persist, but medium-term — bullish signal. The negative phase for miners has passed.