Bitcoin Indicator With 84% Hit Rate Flashes Again: Is A Price Rally Next?

The Bitcoin hash ribbons indicator has recently flipped back to a buy signal on the weekly timeframe, according to a Jan. 8 video analysis from crypto analyst Kevin (@Kev Capital TA). The setup matters, he argued, because the model has historically been associated with higher prices after corrective periods, even if its record is no longer spotless.
In the video, Kev Capital walked viewers through the weekly Bitcoin chart with the hash ribbons overlay, describing it as one of the higher “h