#BTC UPDATE 5 :
In 1D TF Today appeared the most reliable indicator buy signal Hash Ribbons. This indicator is based on hashrate moving averages and has a 100% accuracy. To be honest this signal looks quite odd at this kind of market, however, it really reminds me of January 2019 buy signal. I even compared the charts, they look similar. Of course it doesn't mean that price of Bitcoin will make a reversal exactly today, but it means that bear market will end in the near future, probably before the end of 2022, Or maybe this will be the first wrong signal from Hash Ribbons.
In 1D TF Today appeared the most reliable indicator buy signal Hash Ribbons. This indicator is based on hashrate moving averages and has a 100% accuracy. To be honest this signal looks quite odd at this kind of market, however, it really reminds me of January 2019 buy signal. I even compared the charts, they look similar. Of course it doesn't mean that price of Bitcoin will make a reversal exactly today, but it means that bear market will end in the near future, probably before the end of 2022, Or maybe this will be the first wrong signal from Hash Ribbons.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.