According to Crypto Rover, Bitcoin’s Hash Ribbons have printed three closely spaced bullish signals, a clustering he highlights as unusually tight and potentially significant for BTC momentum. Source: Crypto Rover on X, Aug 28, 2025. Hash Ribbons are defined by Charles Edwards of Capriole Investments as a hashrate-based model that turns bullish when the 30-day hashrate moving average crosses above the 60-day after a miner capitulation phase, historically used to identify BTC recovery conditions. Source: Charles Edwards, Capriole Investments research on Hash Ribbons. Rover’s chart implies repeated miner stress-and-recovery triggers in 2025, a setup traders may monitor for confirmation of upside continuation in BTC if the hashrate crossover persists. Source: Crypto Rover on X, Aug 28, 2025; Capriole Investments Hash Ribbons methodology. For trade execution, watch for sustained hashrate MA expansion per the Hash Ribbons construct and price strength confirmation, while treating a rollover in hashrate MAs or a loss of recent BTC support as potential invalidation. Source: Capriole Investments Hash Ribbons methodology; Crypto Rover on X, Aug 28, 2025.