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Analyst: Bitcoin Hash Bands Show End of Miners' 'Surrender,' Indicating Price Momentum Has Turned Positive

Analyst: Bitcoin Hash Bands Show End of Miners' 'Surrender,' Indicating Price Momentum Has Turned Positive

Bitget2024/07/27 14:21

According to chain analyst @ali_charts, the Bitcoin Hash Ribbon indicator shows that the miners' “capitulation” is over, suggesting that Bitcoin's price momentum is about to turn from negative to positive.

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