Crypto: Bitcoin Flashes Buy Signals As $90k Becomes Key Support 2026

Crypto: Bitcoin Flashes Buy Signals As $90k Becomes Key Support 2026

Bitcoin bulls defend $90,000 as Hash Ribbons and Fear and Greed Index flash buy signals, hinting at a potential rally.

Bitcoin’s (BTC) leading indicators flashed buy signals as bulls fought to keep the price above $90,000.

Bitcoin Hash Ribbons flashed a "buy" signal amid miner capitulation recovery, an occurrence that has historically preceded strong rallies.

The Fear and Greed Index’s "golden cross" signals improving market sentiment and a potential BTC rally ahead.

Bitcoin must hold $90,000 to avoid a bear market scenario.

Bitcoin miner performance is still telling market participants to buy as sentiment begins to shift across the market.

Hash Ribbons, which measures the 30-day and 60-day moving averages of the hash rate, now says that even current prices represent a “long-term buying opportunity,” according to Capriole Investments.

Related: Bitcoin’s ‘internal conditions’ are improving: Glassnode

The chart below shows that a “buy signal” emerged when the 30-day MA of the hash rate dropped below its 60-day EMA, an occurrence that has historically marked periods of miner capitulation.

This has “often synced with major price discounts and long-term buying opportunities,” Capriole Investments explains on its website.

Source: CoinTelegraph