Rare Signal Now Indicates Best Time to Buy Bitcoin – Bitcoin Magazine

Hash Ribbons, an indicator with a proven track record of spotting opportunistic entry points for bitcoin, issued a buy signal suggesting that now is the time to buy the peer-to-peer currency.

Knowing when is the best time to invest is the desire of many but the fulfillment of few. Indeed, investing strategies such as Dollar Cost Averaging (DCA) have emerged to take the guesswork out of the equation and allow for a more stress-free investing experience. Nevertheless, many are still looking for opportunities to make a large allocation that promises outsized returns. While there is no single indication of when such a moment has occurred, strategies do exist to help spot such periods – and, in the Bitcoin world, hash ribbons are one of them.

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