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Bitcoin Hash Ribbons flash ‘buy’ signal at $90K: Will BTC price rebound?
Bitcoin miners offer a glimpse into potential BTC price upside to come as the historically accurate Hash Ribbons sent a buy signal.
Bitcoin’s
BTC
$93,954
Hash Ribbons metric, tracked by onchain analytics platform Capriole Investments, sent a “buy signal” for the fifth time in 2025.
Key takeaways:
A historically accurate Bitcoin price metric sends a “buy” signal for the fifth time this year.
Miners’ BTC sales have accelerated since the beginning of October compared to earlier in the year.
Bitcoin is stuck between the yearly open at $93,000 and the demand zone below $90,000, reflecting traders’ indecision on the direction of BTC’s price trend.$ETH $BTC