Home Bitcoin News Uncommon Sign Hinting at Bitcoin Value Backside Emerges – CoinDesk

Uncommon Sign Hinting at Bitcoin Value Backside Emerges – CoinDesk

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The bitcoin mining issue ribbon, comprising brief and long-duration easy transferring averages on the mining issue, has compressed for the primary time in over a 12 months, indicating miner capitulation. The earlier bear markets, together with the one seen in 2014, ended with the ribbon compression, information offered by analytics agency Glassnode present.

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