Bitcoin Prints First Hash Ribbon Buy Signal in 6 Months as BTC Reclaims $93,000 Range

Bitcoin has just logged its first Hash Ribbon buy signal in more than six months as the price moved back into the $93,000 area and the network hashrate climbed above 1.068 billion TH/s. The miner-focused indicator, created by Charles Edwards, is triggering while BTC trades within an $81,000-$107,000 band, with market participants watching $100,000, $107,000 and $124,000 as key upside levels. Historically, such signals have appeared near the start of multi-week rallies, though this time they may serve more as confirmation of an already established uptrend.