Bitcoin Difficulty Ribbon: Find Good Buying Opportunities Using Mining Difficulty

Bitcoin Difficulty Ribbon by Glassnode

Today, I want to introduce you to the Bitcoin Difficulty Ribbon. Similar to other metrics like Reserved Risk and Thermocap Ratio, the Bitcoin Difficulty Ribbon is another reliable metric. What is the Bitcoin Difficulty Ribbon? Glassnode defines the Bitcoin Difficulty Ribbon as, “The Difficulty Ribbon is an indicator that uses simple moving averages (200d, 128d, 90d, 60d, 40d, 25d, … Read more