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The Hash Ribbon Is Back, Suggesting further BTC Gains

Is bitcoin readying itself for another bull run? According to crypto executive Charles Edwards and what’s known as the Hash Ribbon indicator, the answer is “yes.”The Hash Ribbon Is Appearing Once AgainThe last time a “Hash Ribbon” appeared was in late April. At that time, the world’s number one cryptocurrency by market cap was trading for around $7,500, more than $3,000 higher than where it had stood during the coronavirus peak in mid-March. From there, bitcoin ultimately rose to as high...

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