Bitcoin Hits $117,000 And This ‘Perfect’ Buy Signal Just Flashed Again
Posted On October 1, 2025
Bitcoin (CRYPTO: BTC) has crossed the $117,000 on the first day of October, leading technical analysts to predict further upside for the rest of the month.
What Happened: Crypto analyst Kevin shared in his latest Patreon update that the weekly hash ribbons buy signal, which tracks miner capitulation and recovery, has a perfect historical record: 19 signals, each followed by higher Bitcoin prices.
On average, these moves unfold over 2–9 weeks with 101% gains, though minor corrections often occur in the first 2–3 weeks.
The current signal is now in its 10th week, marking …
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