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Benzinga
Benzinga
Business
Khyathi Dalal

These Two Bitcoin Indicators Are About To Show If A Powerful Move Is Imminent (Or The Cycle Is Broken)

Bitcoin BTC US Federal Reserve
Rogoff Undervalues Bitcoin Demand

Bitcoin's (CRYPTO: BTC) two most-watched cycle indicators suggest a make-or-break moment is near — either history repeats with a powerful upside move, or the halving-cycle theory breaks for the first time.

What Happened: In his latest Patreon update, prominent analyst Kevin highlighted that Bitcoin's Hash Ribbons Indicator on the weekly timeframe has flashed its third buy signal in 119 days.

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