It is time to put back on our on-chain analysis hat for #Bitcoin. In this video on #BTC, we take a look at the hash ribbons of #Bitcoin and also make some tweaks to the metric by adding in price momentum. Whenever we see the ratio flip from being less than 1 to being greater than 1, it historically has meant price is turning around. While we are not at that phase yet, it is an interesting metric to track. TA Video by Benjamin Cowen.
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