Bitcoin Triggers Rare 'Hash Ribbon' Signal: $100,000 Next?

Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Bitcoin just activated its first Hash Ribbon buy signal in over six months, as revealed by Charles Edwards . This miner-driven indicator has a track record of appearing near the start of longer uptrends. Advertisement The trigger comes as BTC reclaims the $93,000 zone after a bit of a comeback from its late-December lows around $81,000, and as the network's total hashrate pushes to an all-time high above 1.068 billion TH/s. Source: Charles Edwards Originally developed by Charles Edwards himself, the Hash Ribbon signal is designed to track miner stress and recovery by comparing short- and long-term hashrate averages. When the 30-day moving average goes back above the 60-day, it usually means that things are shifting from miner capitulation — when inefficient operators shut down — to network stabilization. That crossover just finished, so it looks like the worst of the miner exits might be over. HOT Stories Morning Crypto Report: Ex-Ripple CTO Reveals Unknown XRP Story From 2013, Shiba Inu (SHIB) Rockets 30% in $12 Billion Meme Coin Comeback, Legendary Trader Suddenly Becomes Bitcoin Cash Bull Schiff Dismisses Bitcoin Rally as BTC Reclaims $93K Shiba Inu (SHIB) Price Prediction 2026 Crypto Market Review: Shiba Inu (SHIB) Wants Zero Removed, XRP's Critical 2026 Resistance Destroyed, Bitcoin Needs 2 More Moves Before $100,000 In the past, Hash Ribbon triggers have been a sign of price increases that lasted more than a month, like the ones the market saw before the 2020 surge to $65,000 and the 2023 drop from the $16,000 low. Advertisement New all-time high for Bitcoin in 2026 The current backdrop is different, with the price of Bitcoin already well off the lows and trading inside a wide $81,000-$107,000 range. But the reappearance of the signal may still matter as a confirmation of trend health rather than a turning point. You Might Also Like Mon, 01/05/2026 - 12:31 Morning Crypto Report: Ex-Ripple CTO Reveals Unknown XRP Story From 2013, Shiba Inu (SHIB) Rockets 30% in $12 Billion Meme Coin Comeback, Legendary Trader Suddenly Becomes Bitcoin Cash Bull By Gamza Khanzadaev It also comes at a time when the market is becoming less chaotic and institutional investments through spot ETFs are staying consistent. This creates an environment where miner normalization could help strengthen the bullish outlook. Advertisement The key levels have not changed — $100,000 as the psychological magnet for Bitcoin , $107,000 as the resistance and $124,000 as breakout territory. #Bitcoin #Bitcoin News