<ul><li>Key Bitcoin mining indicator, the Hash Ribbons, triggers a buy signal according to CryptoQuant analysts.</li><li>Hash Ribbons indicator compares 30-day and 60-day moving averages of Bitcoin's network hashrate to identify miner distress and accumulation zones.</li><li>Hashrate at all-time highs puts pressure on miners, creating buying opportunities for long-term investors.</li><li>Buy signal from Hash Ribbons indicates that now could be a good time to accumulate BTC despite short-term sell pressure.</li></ul>

Bitcoin Hash Ribbons Flash Buy Signal as Hashrate Hits Record High

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