Bitcoin hash ribbon recoveries preceded gains in 6 of 20 to 2,027 historical cases

CryptoQuant's CEO described the hash rate recovery signal as indirectly bullish on 22 October 2026.

Nadia Okonkwo

Fed & Economy Correspondent

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Stands on 24 placed sources from 17 publishers.

Bitcoin has recorded higher prices one year after hash ribbon recovery in 6 out of 7 observed instances. This translates to an approximate 72% success rate for the indicator.^[1]