According to @caprioleio, the Bitcoin Hash Ribbons signal has just triggered, indicating a fresh read on the miner-driven indicator, source: Charles Edwards on X, Jan 5, 2026. According to Charles Edwards’ published Hash Ribbons methodology, the indicator tracks Bitcoin hash rate trends to identify miner capitulation and subsequent recovery phases that traders monitor for accumulation timing, source: Capriole Investments research by Charles Edwards. According to Capriole Investments research, traders typically look for confirmation via sustained hash rate recovery and BTC price follow-through after a Hash Ribbons trigger, source: Capriole Investments research by Charles Edwards. According to the source post, no specific price targets or timeframes were provided with this alert, source: Charles Edwards on X, Jan 5, 2026.

According to @rovercrc, the Bitcoin Hash Ribbons on-chain indicator has triggered three buy signals in recent months, similar to the setup seen before the 2021 rally. Source: @rovercrc on X, Aug 30, 2025. He adds that Hash Ribbons do not pinpoint exact bottoms but have historically aligned with significant upside potential in BTC. Source: @rovercrc on X, Aug 30, 2025. This is framed as a bullish cue for traders tracking BTC momentum via on-chain indicators. Source: @rovercrc on X, Aug 30, 2025.