bullish

Bitcoin

Rare

Rekt

<p>For the first time in eight months, the Hash Ribbon, a key indicator of Bitcoin miners’ health, has just issued a buy signal. A rare event, often a precursor to major reversals. As Bitcoin flirts with $87,492, this technical alert is accompanied by another signal: the break of a historic downtrend on the RSI. Coincidence? Not if you believe the experts. </p> 
<h2 id="h-bitcoin-shifts-into-a-macro-bullish-phase-the-hash-ribbon-emerges-from-the-shadows">Bitcoin shifts into a “macro-bullish” phase: the Hash Ribbon emerges from the shadows</h2> 
<p>Since July 2024, the Hash Ribbon had not flashed green. Its awakening on March 24 acts like an electric shock. </p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="1"> 
 </div> 
</div> 
<p>Created by Capriole Investments, this tool analyzes the cycles of miners through two moving averages of the hash rate (30 and 60 days). When the short average surpasses the long one, capitulations fade. Miners, previously strangled by declining profitability, are back in the game. </p> 
<p>A signal that transcends charts. Historically, each activation of the Hash Ribbon has preceded major rallies. </p> 
<p>In July 2024, Bitcoin was still struggling to find a floor, but the bullish movement ultimately swept away the skeptics. A similar scenario occurred in August 2023: after months of hesitation, the price took off. </p> 
<p>Today, traders anticipate a repetition of the pattern. “This is a macro-bullish trend,” emphasizes <a href="https://x.com/Washigorira/status/1904236310744699351" target="_blank" rel="noreferrer noopener">Titan of Crypto</a> on X. </p> 
<p>The technological dynamics as an accelerator. Ryan Lee, chief analyst at Bitget, observes a growing correlation between Bitcoin and tech values: </p> 
<blockquote class="wp-block-quote"> 
 <p>The recent rise in cryptocurrency-related stocks, alongside gains in Bitcoin and the Nasdaq, reflects the growing appetite for risk assets. BTC is now treated as a tech asset rather than just a hedge, driven by innovation and ETF adoption.</p> 
</blockquote> 
<h2 id="h-rsi-the-drop-halted-hope-reborn">RSI: the drop halted, hope reborn</h2> 
<p>But that’s not all. In the shadow of the Hash Ribbon, another key indicator draws a metamorphosis: the Relative Strength Index (RSI). </p> 
<p>On the weekly chart, a bullish divergence has formed for the first time since September. Translation? The selling momentum is fading, despite still timid prices. </p> 
<p>On the daily chart, the RSI has breached a resistance that had been in place since November. “The multi-month downtrend is over,” confirms <a href="https://x.com/rektcapital/status/1904106397249241136" target="_blank" rel="noreferrer noopener">Rekt Capital</a>, a technical analyst. A symbolic break, often interpreted as the prelude to a price acceleration. </p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="2"> 
 </div> 
</div> 
<p>For Bitcoin, it’s a relief after a disappointing first quarter of 2025, marked by erratic volatility. <br>The convergence between Hash Ribbon and RSI is not insignificant. One validates the network’s strength, the other measures overbought or oversold conditions. Together, they form a coherent narrative: technical fundamentals and miner activity align for a recovery. The question remains whether <a href="https://www.cointribune.com/en/83-of-institutional-investors-plan-to-increase-their-crypto-holdings/" target="_blank" rel="noreferrer noopener">institutional investors</a>, often hesitant in times of doubt, will join the dance. </p>

A Rare Signal Is Activating: Bitcoin Ready To Explode

Table of Contents

Cointribune EN

Other articles published on Mar 25, 2025

BNB Chain Introduces $100M Liquidity Support for Native Tokens Listed on Leading Exchanges

Will Bitcoin’s Recovery Shift Market Dynamics?

Can Ripple (XRP) Turn $1,000 Into $1 Million If It Matches Bitcoin’s (BTC) Market Cap?

Davinci Jeremie Urges Crypto Fans to Invest in Bitcoin Now

Polymarket Boosts User Engagement with Solana

BTFD Offers 2X Free with Code LAUNCH100—Must-Buy Cryptos as FLOKI Rises and NEIRO Endures Turbule...

Join our free newsletter for daily crypto updates!