The Hash Ribbons indicator has issued a new 'BUY' signal for Bitcoin, despite the previous signal failing to yield positive results. The indicator's win rate has now reverted to approximately 88%. Additionally, data suggests that Global M2 money supply trends lead Bitcoin price movements by about 2-3 weeks, highlighting Bitcoin's sensitivity to global liquidity conditions.
Hash Ribbons Indicator Issues New 'BUY' Signal for Bitcoin
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
