{"id":409053,"date":"2020-12-28T16:18:55","date_gmt":"2020-12-28T16:18:55","guid":{"rendered":"https:\/\/wncen.com\/?p=409053"},"modified":"2025-06-11T13:19:31","modified_gmt":"2025-06-11T13:19:31","slug":"the-most-lucrative-signal-in-bitcoin-history-just-flipped-buy","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/the-most-lucrative-signal-in-bitcoin-history-just-flipped-buy\/","title":{"rendered":"The Most Lucrative Signal in Bitcoin History Just Flipped Buy"},"content":{"rendered":"
Bitcoin<\/a> is the best performing investment of the last decade, bringing investors who bought the asset early unimaginable returns.<\/span><\/p>\n An important metric in Bitcoin has just signaled buy for the tenth time in the asset\u2019s history, with each time the buy signal occurring in the past resulting in an average of 5,000% returns following. Could Bitcoin be ready to bring investors upwards of 5,000% returns in the coming months ahead?<\/span><\/p>\n Investors often look at a number of factors to determine if an asset is a buy, such as conducting detailed fundamental and technical analysis. Some analysts look at price charts, patterns, and more, while others use more unorthodox methods \u2013 especially when it comes to Bitcoin.<\/span><\/p>\n Related Reading | Spot Versus Tether Exchanges: Can Bitcoin Price Itself Be a Buy or Sell Signal\u00a0<\/a><\/strong><\/em><\/p>\n Because Bitcoin<\/a> is a unique asset based on a technology being adopted and isn\u2019t a company with shares and revenue models that a value can be derived from, analysts find themselves using tools unique to Bitcoin, and taking into consideration unusual metrics such as mining difficulty or network transactions.<\/span><\/p>\n An indicator known as “hash ribbons” is an oscillator based on Bitcoin<\/a> miners and designed to help analysts understand when this specific subset of sellers is creating additional sell pressure on the market. Not only will the tool tip off traders as to when a capitulation-related selloff is about to occur, as we\u2019ve seen in recent weeks, but the tool can also signal to investors when it\u2019s a good time to buy Bitcoin.<\/span><\/p>\n <\/p>\n And according to the tool, now might be the best possible time to buy Bitcoin for the foreseeable future. The tool has only given this buy signal just ten times in Bitcoin\u2019s lifecycle, and the following uptrend has resulted in as much as 5,000% on average returns for investors.<\/span><\/p>\n Hash Ribbons Buy confirmed.<\/p>\n This is just the 10th time these conditions have been met for #Bitcoin<\/a>.<\/p>\n It is highly likely we never see $BTC<\/a> under $6000 ever again.<\/p>\n All other occasions saw an average gain-to-cycle-peak of +5000%.<\/p>\n Now is the period to Buy Bitcoin and never sell. pic.twitter.com\/hSH9BtRhsj<\/a><\/p>\n — Charles Edwards (@caprioleio) December 28, 2019<\/a><\/p><\/blockquote>\nBitcoin Hash Ribbons Confirm Buy Signal for 10th Time In Crypto History<\/span><\/h2>\n
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