Bitcoin Indicator With 84% Hit Rate Flashes Again: Is A Price Rally Next?
The Bitcoin hash ribbons indicator has recently flipped back to a buy signal on the weekly timeframe, according to a Jan. 8 video analysis from crypto analyst Kevin (@Kev Capital TA). The setup matters, he argued, because the model has historically been associated with higher prices after corrective periods, even if its record is no longer spotless.
Featured image created with DALL.E, chart from TradingView.com
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