Bitcoin miners may be pointing the way to a major long-term BTC price rebound.
Bitcoin is giving classic local bottom signs as miners face a new “capitulation” phase, data reveals.
In an X post on Feb. 10, analytics account Bitcoindata21 flagged a “triggering” turnaround for Bitcoin’s (BTC) hash ribbon indicator.
The hash ribbon is a well-known leading indicator of incoming BTC price reversals at local lows.