Short News View Non-AMP

Bitcoin Miners Capitulating Signals Possible Price Rally Soon

Published by
Mustafa Mulla

CryptoQuant has recently highlighted a warning sign for Bitcoin’s market. The Hash Ribbons indicator, which monitors the health of Bitcoin mining by tracking changes in hash rates, is flashing again. This tool has been a reliable signal in the past, showing when it’s a good time to buy Bitcoin, both for short-term and long-term investments. The only time it missed was during the market chaos caused by COVID-19. Each time the Hash Ribbons have appeared in the past, Bitcoin has experienced a price rally. With miners now showing signs of capitulation, many are wondering if Bitcoin’s price will soon rise.

Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Recent Posts

Pi Network Mainnet Migration Issues Could Spark a Crash Below $0.50

In the last 30 days, PI price has plunged by 35%, and over the past…

June 20, 2025

Arizona’s Bitcoin Reserve Bill Revived: Will the State Finally Approve?

Arizona lawmakers are once again making headlines with their revived Bitcoin Reserve Bill. The proposal,…

June 20, 2025

Crypto Regulations in Australia 2025

Australia is one of the most favorable regions to operate crypto-related activities. It has enacted…

June 20, 2025

Forget Dogecoin: This Meme Coin Has a Shot at $0.30 from Under $0.0015, Long Before DOGE Hits $1

Dogecoin (DOGE) may be the original meme coin, but it's no longer the most exciting…

June 20, 2025

Will PEPE Price Hit $1 in 2025?

Pepe Coin is currently trading at $0.0000101, down 2.8% in the last 24 hours and…

June 20, 2025

Ethereum Price Forecast 2025: Will ETH Hit $2,800 or Fall Back to $2,400?

Ethereum Whale Buys Signal Confidence Despite Volatility  Ethereum is trading around $2,547 today (check updated…

June 20, 2025