As bitcoin miners cut unprofitable production, Hash Ribbon metric points to BTC price rebound

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Why This Matters

Bitcoin miners are cutting unprofitable production, and a historically bullish on-chain indicator, the Hash Ribbon metric, is pointing to a potential BTC price rebound.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The hashrate shock from extreme weather in the U.S. revives a historically bullish onchain indicator.

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Full article on CoinDesk
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Original article published by CoinDesk on January 27, 2026.
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