We discuss the hash ribbons indicator which has flashed the buy signal on the bitcoin chart. We talk about the previous times it flashed in bitcoin’s price history and look use other technical indicators and fundamental analysis to give us a better perspective of the current buy signal.
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Timestamps
1:49 Past performance of the Hash Indicator
2:35 Bitcoin Halving effect on price
5:40 It is bullish BUT…
7:00 Bitcoin TA
9:39 Stockmarket crash risks
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Sources:
View at Medium.com
https://www.altcoinbuzz.io/reviews/technical-analysis/miner-capitulation-effect-on-bitcoin-price/
Disclaimer:
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Please do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
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