Key points:
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A historically precise bitcoin price metric flashes green for the third time this year.
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BTC sales of minors have slowed down since the start of the year compared to 2024.
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Taking profit, although a popular movement around the peaks of all time, is less “euphoric” than previous price cycles.
Bitcoin (BTC) continues to see the signals “Buy the DIP” while the mining hashrate rises to new peaks of all time.
The metric of the historically precise hash ribbons, followed by the onchain Cryptochant’s analysis platform, flashes in green for the third time in 2025.
Analysis of hash ribbons: Bitcoin purchase is now “Smart Move”
Bitcoin Miner Performance has always told market players to buy despite the price of new heights of all time last month.
The hash ribbons, which measure the mobile average of 30 days and 60 days of hashrate, now claim that even current prices represent a “long -term purchase opportunity”.
“It is not a big surprise since the hashrate recently reached new heights of all time,” said Darkfost of cryptotics in one of his blog articles “Quicktake” on the subject.
Hash Ribbons has an impressive long -term low -cost history and has given “buying” relatively rarely.
In a post on X, Darkfost observed that this time, little attention was paid to the indicator.
“In the end, this signal tells you that the purchase of the dip here is an intelligent decision,” he added.
Meanwhile, the BTC reserves of minors remain more or less flat until 2025 after a sustained sale throughout last year.
The coins in known minor wallets totaled around 1.8 million BTC on June 4.
“Euphoria” forms fades
Elsewhere, as Cointelegraph continues to report it, large volume investors have taken the opportunity to lock the benefits to peaks of all time.
In relation: Bitcoin on “ very trembling group ” as the new price of the BTC approaches: Ammous
Bitcoin whales and long -term holders have cashed, but compared to previous price cycles, their movements are more nuanced, according to research from the ONCHAIN GLASSNODE analysis company this week.
In the latest edition of his regular newsletter, “The Week Onchain”, Glassnode used the 90 -day simple moving average of Hodlers’s profits to “compare the intensity of profit taking between cycles on an apple apple base”.
“A clear trend emerges: taking advantage has increased less euphoric over time, reflecting the wider degradation of upward cyclic performance and lower volatility profiles as the market matures,” the researchers summed up.
This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.
