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One Of Bitcoin’s Most Reliable Buy Signals Just Flashed

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One Of Bitcoin’s Most Reliable Buy Signals Just Flashed - NewsBTC

Quick Summary:

We can sweep the lows, or even wick below, but 85% of the time the low’s in and it’s up only from here.” Meanwhile, Jamie Coutts, chief analyst at Real Vision, stressed the importance of monitoring multiple on-chain metrics, even as the Hash Ribbon flashes bullish: "The 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.” Notably, many on-chain signals haven’t reached the levels of previous cycles even when the Bitcoin price hit almost $110,000 in mid-January.

The Hash Ribbon indicator—an on-chain metric designed to identify periods of miner capitulation and subsequent recovery—has just issued a bullish signal for Bitcoin.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-27 @ 22:00:06 (3 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 518 words

Reading Time: 3 minutes read

Sentences: 71 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 27376824

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 3 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 20 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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