Bitcoin (BTC) has been a great performing asset this past decade bringing investors over 10,000% returns.
A little known signal known as Bitcoin (BTC)’s Hash Ribbons has signaled for the 10th time before each bull market rally that the price of Bitcoin will increase.
This indicator is based on the miners who contribute to the Bitcoin (BTC) network, it helps analysts understand when this specific subset of sellers create additional sell pressure on the market and signals to investors when it’s a good time to buy.
According to the chart, now might be a good time to buy some Bitcoin (BTC). In the coming months ahead Bitcoin has a possiblility to surge 5,000% on average returns for investors.
Considering the historical bullish significance of this signal along with the positive trending Klinger, there’s high chance of Bitcoin (BTC) gaining bullish momentum in the coming months ahead.
