Alex Dovbnya
It seems that widely used Hash Ribbon model has now failed for first time, with crypto winter shaping up to be extremely severe
According to community-driven cryptocurrency analytics firm CryptoQuant, the popular Hash Ribbon model has now failed for the first time.
The popular theory revolves around the assumption that Bitcoin tends to reach the bottom of a bearish cycle when miners capitulate.
The capitulation phase arrives when it becomes…
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