Analyst: Bitcoin Hash Bands Show End of Miners' 'Surrender,' Indicating Price Momentum Has Turned Positive
According to chain analyst @ali_charts, the Bitcoin Hash Ribbon indicator shows that the miners' “capitulation” is over, suggesting that Bitcoin's price momentum is about to turn from negative to positive.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sumber Energi Andalan says unaware of material information behind share trading volatility
Lomiko Metals announces shareholder meeting on proposed arrangement
Loblaw targets 8%-10% annual adjusted EPS growth under long-term financial framework
Scotia Metals outlines Acadia lithium exploration plan in Nova Scotia corporate presentation