Bitcoin miners have been capitulating for three months — one of the longest periods in history. The Hash Ribbons indicator just flipped, and historically, every time this happens, long-term holders win. BTC is sitting at $74K while mining cost is $77-87K. Miners are underwater, weak hands are getting flushed, and selling pressure is drying up. The last four times this signal played out, Bitcoin rallied 25-82% within 90 days. I break down the full Hash Ribbons timeline, what the double-signal means this cycle, plus the FOMC decision, Citi cutting their BTC target, Strategy buying $1.57B in Bitcoin, and more.
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.
#Bitcoin #Crypto #HashRibbons #BTC #MinerCapitulation #CryptoNews #BitcoinMining
