{"id":3760,"date":"2025-03-28T06:00:36","date_gmt":"2025-03-28T06:00:36","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/one-of-bitcoins-most-reliable-buy-signals-just-flashed\/"},"modified":"2025-03-28T06:00:36","modified_gmt":"2025-03-28T06:00:36","slug":"one-of-bitcoins-most-reliable-buy-signals-just-flashed","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/one-of-bitcoins-most-reliable-buy-signals-just-flashed\/","title":{"rendered":"One Of Bitcoin\u2019s Most Reliable Buy Signals Just Flashed"},"content":{"rendered":"

The Hash Ribbon indicator\u2014an on-chain metric designed to identify periods of miner capitulation and subsequent recovery\u2014has just issued a bullish signal for Bitcoin. Several well-known figures within the BTC community highlighted the event through posts on X , suggesting that the signal could mark a turning point in the market.<\/p>\n

The Ultimate Bitcoin Buy Signal?<\/h2>\n

First introduced by on-chain analyst Charles Edwards, the Hash Ribbon relies on two moving averages (commonly the 30-day and 60-day averages of Bitcoin\u2019s hash rate) to determine when mining difficulty and hash power may have capitulated and begun to recover. Traditionally, a \u201cbuy\u201d signal is triggered once the 30-day MA crosses decisively above the 60-day MA, indicating that any period of miner-driven distress may be over.<\/p>\n

According to historical data, major buy signals have frequently appeared after sharp market downturns, sometimes coinciding with cycle bottoms. Although the indicator is not infallible, it has correctly identified several previous lows in Bitcoin\u2019s history\u2014most notably in 2011\u20132012, during the depths of the 2014\u20132015 bear market, around the $3k bottom of late 2018\u2013early 2019, and near the $29k region in mid-2021.<\/p>\n

Shortly after the latest crossover was triggered, popular commentator Bitcoin Archive posted<\/a>: \u201cBITCOIN HASH-RIBBON FLASHES BUY SIGNAL \u2013 This is one of the most reliable \u2018buy\u2019 indicators. Significant price gains have followed 7 out of the last 7 times this indicator was triggered.\u201d<\/p>\n

Edwards, the creator of the Hash Ribbon, retweeted this post, a move that many interpreted as an endorsement of the analysis. Adding to the discussion, a user noted: \u201cSignal flashed only 20 times in Bitcoin\u2019s history. 17\/20 times the most recent local low was never violated on a closing basis. We can sweep the lows, or even wick below, but 85% of the time the low\u2019s in and it\u2019s up only from here.\u201d<\/p>\n

Meanwhile, Jamie Coutts, chief analyst at Real Vision, stressed<\/a> the importance of monitoring multiple on-chain metrics, even as the Hash Ribbon flashes bullish: \u201cThe widely watched Bitcoin Hash Ribbon signal just fired. While on-chain activity remains sluggish, the metrics with the strongest historical correlation to future price performance are flashing green.\u201d<\/p>\n

Notably, many on-chain signals haven\u2019t reached the levels of previous cycles even when the Bitcoin price hit almost $110,000 in mid-January. Also traditional technical signals haven\u2019t reached peaks of the past.<\/p>\n

Tony Severino, a Chartered Market Technician (CMT) and Head of Research at NewsBTC, has recently shifted<\/a> from a bullish to a bearish stance on Bitcoin. Severino, who is also the founder of CoinChartist.io, argues that Bitcoin\u2019s price action and on-chain metrics no longer support the bullish narratives common in past cycles.<\/p>\n

\u201cThe idea that Bitcoin HAS to reach past extremes on indicators is a dangerous way of thinking. Higher highs in price and lower highs on an oscillator is a bearish signal,\u201d Severino stated recently.<\/p>\n

Severino warns against expecting Bitcoin to replicate its historical pattern of pushing certain momentum indicators (e.g., RSI or MACD) to extreme levels. Instead, he notes that divergences\u2014where price climbs to new highs but technical indicators fail to confirm those highs\u2014can signal market exhaustion. \u201cThe tools I use are bearish, period,\u201d he remarked via X.<\/p>\n

At press time, BTC traded at $87,373.<\/p>\n

\"Bitcoin<\/p>\n","protected":false},"excerpt":{"rendered":"

The Hash Ribbon indicator\u2014an on-chain metric designed to identify periods of miner capitulation and subsequent recovery\u2014has just issued a bullish signal for Bitcoin. Several well-known figures within the BTC community highlighted the event through posts on X , suggesting that the signal could mark a turning point in the market. The Ultimate Bitcoin Buy Signal?…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[22,2031,28,29,32,33,34],"class_list":["post-3760","post","type-post","status-publish","format-standard","hentry","category-bitcoin","tag-bitcoin","tag-bitcoin-hash-ribbons","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=3760"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3760\/revisions"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=3760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=3760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=3760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}