Historically, Hashrate and Bitcoin prices have a strong correlation. When hashrate increases more than Bitcoin price, it indicates a rise in Bitcoin price soon.
This indicator uses the formula:
Price/hashrate delta ratio = period price delta / period hashrate delta
Whenever the ratio between the price and hashrate of Bitcoin is positive, it indicates that the...
In this video we go through the edited Backtest version of Hash Ribbons. Our analysis shows various things but particularly interesting data in bull markets. As of right now, is it become less valid with more variables in the market or are we due a pump with these miners increasing their efforts to expand their operations?
Bitcoin's hashrate has become a significant indicator for its future price movements, and the recent surge in hashrate is turning heads. ⛏️🚀
Hashrate Leading the Way
Bitcoin's hashrate, the computational power dedicated to mining, has surpassed the price chart, setting the stage for a potential bullish trend.
Historically, hashrate surges have often preceded...
BTC 🧡 is the strongest its ever been, no missing a beat.
Looks like Bitcoin Hashrate is going Parabolic from this angle.
We are well above the Mean.
🚀
Probably the most Bullish Sign we've seen all year,
considering the health of Bitcoin hashrate is a good place to look before investing into the asset.
Bitcoin price could go to zero 0 and it can still...
Here is an update on this awesome indicator that compares two moving average for the mining Hashrate,
Which has always resulted in a good trade historically
Trade responsibly
BTC BULL ZONE:
Whenever Hash Ribbons printed BUY Signal on BTC WEEKLY tf, it yielded in MAX returns. or in other words, we can say that it marks the BTC BULL PHASE.
Traders,
I recently dove a bit deeper into the Puell Multiple indicator. In this video, I want to share what I have discovered. We'll discuss: what the Puell Multiple is, what it calculates, and how that calculation is made. We'll also closely examine what this valuable indicator tells us about the current Bitcoin price. Enjoy.
Stew
Thanks to the Eth Merge, ETC is more secured than ever thanks to the influx of new miners. Investors never got into ETC because of its vulerabilities. Monthly is looking bullish as well as a Bullflag with a measured move of to about $550. ETC hashrate has also seemed to have bounced on the all-time chart.
The orignal ETH will STAND up......
OK crew, if you've been following my previous XRP "Stick a fork in it" idea, we made some pretty solid moves that really focused on ;
A. Scalps and light profit taking
B. Wealth preservation and keeping the portfolio in steady growth
C. General price directions on the daily, which we nailed gloriously
So moving to the new idea here (bonus if you got the library...
This has worked without fail in the past as an early warning sign for incoming sell-off. Could this time be different? We should find out tomorrow after CPI data is released, since consensus is mixed across YoY CPI and Core CPI, we could get an unpredictable reaction, although risk-on markets look to be bullish there isn't that much optimism there yet.
If this...
Hi all,
Hash Rate leads Difficulty in identifying Bitcoin Miner Capitulation.
Hash Ribbons is close to a buy signal and is it would be wise to pay attention.
Usually this indicator has a high probability of success if we analyze the history of buy signals and price action after that.
Since it is a lagging indicator, I frequently take DCA into account before BUY...
I paid attention to the Bitcoin Network Hashrate.
It seems that the fall has not even passed into the active phase.
Industrial private miners are still hoping for price recovery and do not turn off their equipment.
People bought many ASIC miners for tons of credit money.
BTC Hashrate = -27% after the shutdown of miners in Texas.
Best regards EXCAVO
The Hashrate Lines are messed up, more to provoke thought. I encourage you to explore this relation on your own terms.
Blue = HashValley
Orange = HashPeak
Theory:
Orange signals end of run up
Blue signals end of run down
Blue -> Orange = Upwards
Blue -> Blue = Double bottom
Orange -> Blue = Downwards
Orange -> Orange = Double peak
Characteristics:
During...
Yet another new ATH on Bitcoin's hashrate, which on last occasion many called as a sign for recovery/new bull run and all that hopium you are probably used to by now, but it played out exactly as all ATH's this year with a big sell off. That time even stronger than I expected (you can see my previous trade ideas linked). There was some discrepancy between 27th of...
We just had a significant BTC Hashrate increase over last 24hs of over 30% bringing us to a new ATH. As highlighted on my chart, last two ATH's were on 1st and 13th of Jan followed by significant drops in BTC price, these were first new highs since April 2021 after which we've seen a strong move down. While this analysis considers only recent changes in hashrate...
