₿itcoin Difficulty Ribbon

Various SMA's of ₿itcoin Hashrate

Source: deiopea.ch / @Deekee62


₿itcoin Difficulty Ribbon

The Difficulty Ribbon is a set of multiple SMA's, based on the mining difficulty of ₿itcoin. Historically, periods when the ribbon compresses have been good buying opportunities in the past. The Difficulty Ribbon was originally created by Willy Woo, but the final credit goes to Vinny Lingham who was the first, as far as I know, which has spotted this dynamic in his April 2014 article on how Bitcoin finds its price equilibrium.


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