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And as such, Frank said it is a high value data set for any investor to use. The ribbon consists of simple moving averages on mining difficulty so we can easily see the rate of change in difficulty. When the ribbon compresses, or flips negative, these are the best times to buy Bitcoin. Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. You can spot them on this chart of the entire market.