Hash Ribbon
Definition
Hash Ribbon is a technical indicator used to observe periodic changes in Bitcoin mining activities and predict potential changes in Bitcoin price.
Hash Ribbon is a technical indicator related to Bitcoin mining and is used to observe periodic changes in mining activities. Hash Ribbon tracks the intersection of short-term (e.g. 30-day) and long-term (e.g. 60-day) moving averages of the Bitcoin network s hash rate. This indicator is used to identify periods when miners activity increases or decreases. A short-term moving average reflects short-term changes in the market, while a long-term moving average shows a more general trend. Hash Ribbon intersections can signal potential changes in Bitcoin price. For example, if the short-term moving average crosses above the long-term moving average, this may indicate that Bitcoin mining is increasing and the price may begin an upward trend. Conversely, if the short-term average falls below the long-term average, this may indicate that Bitcoin mining is decreasing and the price may begin a downward trend.
This entry is part of the JrKripto crypto glossary. We explain key terms and concepts to help investors and traders understand the cryptocurrency market. Clear definitions support better decision-making and risk management.
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The JrKripto crypto glossary explains important terms and concepts so investors can understand the market better. Clear definitions support decision-making and risk management. Each entry has a short definition and, where useful, an extended explanation for quick reference or deeper reading.
The glossary covers a wide range of topics from trading and DeFi terms to blockchain infrastructure and market indicators. You can find terms via search or the term list. Use the related terms section to discover related concepts.
