Bitcoin Hash Ribbons are suggesting its time to buy BTC again
Bitcoin (BTC) is experiencing "buy the dip" signals as mining hashrate reaches new all-time highs. The Hash Ribbons metric from CryptoQuant indicates a long-term buying opportunity for Bitcoin, showing green signals for the third time in 2025. Despite recent price peaks, miner performance suggests continued buying interest. The Hash Ribbons, which analyze the 30-day and 60-day moving averages of hashrate, have a strong track record of identifying price bottoms. Currently, miners' BTC reserves remain stable at approximately 1.8 million BTC. Large-volume investors are locking in profits at all-time highs, with a more nuanced approach to profit-taking compared to previous cycles. Research from Glassnode indicates that profit-taking intensity has decreased over time, reflecting a maturation of the market with lower volatility.
