đ Bitcoin is about to explode! đ
- New data from hash ribbons shows that BTC is in a long-term "buy" zone for the first time since mid-May.
- Miner "Capitulation" has ended, signaling the possibility of strong price increases.
- Hash ribbons track two moving averages of hashrate, when 30 DMA <span DMA, miners are in trouble. On the contrary, a reliable buy signal appears.
- On July 23, the indicator escaped "capitulation" for the first time after more than 2 months.
- Trader Mikybull Crypto predicts "an explosive price increase" coming.
đ Bitcoin hashrate reached 676 EH/s on July 22.
- BTC price is currently fluctuating after recovering past $68,000.
- Concerns about selling out of Mt. Gox and market reaction to the ETH ETF.
đŹ What do you think about this price increase? Comment now!#Bitcoin#Crypto #BTC
