Bitcoin cycle drivers took center stage in a recent discussion with @virtualbacon dissecting classic on-chain metrics like Hash Ribbons, recorded just before institutional buying flipped positive in July and fueled the subsequent BTC pump.
Bitcoin: Hash Ribbons Precede Institutional Flip
Bitcoin cycle drivers took center stage in a recent discussion with @virtualbacon dissecting classic on-chain metrics like Hash Ribbons, recorded just before institutional buying flipped positive in July and fueled the subsequent BTC pump.
blockchain.news
Publisher
Aug 30, 2026 at 11:57 PM UTC · 1 分で読める
Key Signal
$77,581.5 Bitcoin current price
Entities
bitcoin
Market Impact
BTC-0.32%$77,850
Last Updated
2時間前
翻訳中…
Price sits at $77581.5 inside the Bollinger Bands on the 4h chart, with EMA50 at $77287.25 acting as immediate support and EMA200 at $70819.96 anchoring the longer-term bullish structure; RSI at 43.12 shows neutral momentum while MACD registers a bearish death cross at -28.86, suggesting a healthy retracement toward the 50-EMA before any continuation higher toward upper-band resistance at $80282.66.
Follow the Story
- Aug 30Bitcoin: Hash Ribbons Precede Institutional Flip
- Aug 31Bitcoin, Ethereum, XRP, Dogecoin Fall Amid Fresh US-Iran Escalation: Analyst Says BTC Facing 'Final Hurdl
- Aug 31Metaplanet Moves 3,000 Bitcoin to Coinbase Prime, Sparking Sale Speculation
- Aug 31Bitcoin Jumps 28% in August, Next Crypto To Explode Hunters Chase AlphaPepe for the 100x Potential BTC Can’t Match
- Aug 30Bitcoin: Hash Ribbons Precede Institutional Flip
- Aug 31Bitcoin, Ethereum, XRP, Dogecoin Fall Amid Fresh US-Iran Escalation: Analyst Says BTC Facing 'Final Hurdl
- Aug 31Metaplanet Moves 3,000 Bitcoin to Coinbase Prime, Sparking Sale Speculation
- Aug 31Bitcoin Jumps 28% in August, Next Crypto To Explode Hunters Chase AlphaPepe for the 100x Potential BTC Can’t Match
Sourced by
Originally reported by blockchain.news
NewsLayer coverage based on externally reported material.
The Daily Brief
The onchain economy, before your day starts.
Curated markets, onchain insights, and key headlines — delivered every weekday morning.
Weekdays · Free · ~5 minute read
0
Applause
Was this article helpful?
Market Context
Bitcoin
BTC
$77,850
-0.32% (24H)
Market Cap
$1.56T
Circulating Supply
20.1M BTC
24H Volume
$20.5B
24H High
$79,372
Article Intelligence
Key Entities
Topics
Related Coverage
CryptoBitcoin: Yardstick Breakout Flags Cycle Bottom2時間前 · 1 min readCryptoBitcoin: ETF Inflow Streak Snaps at Nine Days3時間前 · 1 min read
CryptoBitcoin ETF Inflow Streak Ends, But Institutional Interest Holds, Decrypt Reports3時間前 · 3 min readSponsored
Ad
NewsLayerLearn more
NewsLayer Premium
Unlock deeper intelligence.
Ad-free reading, exclusive research, and real-time onchain insights.
Go Premium
