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Rare Signal Hinting at Bitcoin Price Bottom Emerges

Bitcoin's difficulty ribbon is compressing, hinting at miner capitulation and a market bottom.

Updated Apr 9, 2024, 11:33 p.m. Published Aug 4, 2022, 8:25 a.m.
Bitcoin's difficulty ribbon is compressing, indicating a bear market bottom. (ElyPenner/Pixabay)
Bitcoin's difficulty ribbon is compressing, indicating a bear market bottom. (ElyPenner/Pixabay)