Bitcoin at the Turning Point: Exponential Chart Indicators Signal Signs of Re-activation

Bitcoin’s price is navigating turbulent waters, moving from recent highs of $90,000-$92,000 to the current $84,070. However, the exponential chart tells a more nuanced story: key technical indicators are sending conflicting signals that warrant attention from traders and investors. According to Cointelegraph analyses, while the market remains uncertain, established predictive tools are converging toward a scenario of possible reactivation.

Hash Ribbons Signals and the Exponential Chart Reveal an Undervalued Opportunity

Bitcoin Hash Ribbons have issued a clear buy signal on the exponential chart, emerging when the 30-day moving average hash rate broke below its 60-day counterpart. This pattern, analyzed in detail by Capriole Investments, represents a miner capitulation moment—historically associated with significant bullish reversals. On-Chain Mind researchers highlighted that Bitcoin is experiencing one of the most important Hash Ribbons signals ever recorded. When miners cease forced selling and the market stabilizes, the moving averages on the exponential chart tend to resume an upward trajectory, confirming the end of the depressive phase.

Capriole Investments emphasizes that even at current levels, the exponential chart suggests long-term accumulation opportunities. The convergence between the mining activity collapse and subsequent recovery represents one of the most reliable patterns for identifying strategic entry points in the Bitcoin cycle.

The Fear and Greed Index Confirms Sentiment Improvement

Market sentiment is showing tangible signs of stabilization through the famous golden cross of the Fear and Greed Index. CryptoQuant data reveal that the 30-day moving average has surpassed the 90-day one for the first time since May 2025—a crossover that on the exponential chart highlights critical psychological transition moments.

CryptoQuant analyst MorenoDV_ points out that similar convergences in the technical chart usually occur after prolonged periods of fear, often near sideways compression zones. History teaches that weeks after such signals, bullish movements gain new vigor. However, the expert emphasizes that these patterns tend to manifest away from all-time highs, precisely when the market fears the worst.

Critical Supports and Risk Scenarios: Where to Watch on the Chart

The $90,000 zone remains the decisive level on the BTC/USD exponential chart (according to TradingView). Crypto Solutions underscores the importance of this band, previously maintained and now crucial to preserve the overall bullish scenario. As long as Bitcoin consolidates above $90,000, buyers maintain control and further advances remain likely.

However, if the exponential chart records a breakdown and a weekly close below $90,000, momentum could turn negative. A bearish scenario would explain a decline toward $80,000-$85,000, where intermediate supports are located. Lower monitoring levels include the April 2025 low at $74,500 and the 200-week moving average positioned at $68,000.

Key Technical Levels for the Next Move

On the long-term exponential chart, the measured target of the bearish flag stands at $57,050—where Bitcoin could find a bottom in case of a prolonged bearish trend. This level represents the maximum theoretical decline if the technical structure were to complete unfavorably.

The key for the coming days remains Bitcoin’s behavior around the current $84,070 and its ability to rise back toward $90,000. The exponential chart will show whether Hash Ribbons indicators and the golden cross of the Fear and Greed Index truly signal a turning point or are just a fleeting illusion. Investors should carefully monitor both supports and converging technical signals on the chart, awaiting a decisive breakout that clarifies the market’s near-term direction.