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.