Hash Ribbons

30-day and 60-day simple moving averages of Bitcoin's network hashrate.

Charles Edwards' Hash Ribbons: the 30-day SMA crossing below the 60-day SMA has historically signaled miner capitulation; crossing back above has signaled the end of capitulation.

How to call

Request format

GET
curl -X GET "https://newhedge.io/api/v2/metrics/hash-ribbons/METRIC_NAME?api_token=YOUR_TOKEN"
Query params

api_token (required) — 24 character token.

resolution (optional) — day1 (default), hour12, hour4, hour1, 30mn, 10mn. Finer buckets are served to Advanced and Enterprise accounts; see Resolutions.

before (optional) — exclusive cursor, returns observations older than this timestamp_ms. Finer resolutions only.

limit (optional) — page size for finer resolutions. Default 2500, maximum 5000. Ignored for day1.

Path params

:metric_name — one of the metric names listed below.

Responses

200 with JSON payload, 401 for missing/invalid token, 404 for missing resources.

Metrics

Each metric is fetched independently. Responses are trimmed samples to show structure.

3 metrics
Metric

Hashrate 30d Sma

Data used by the Hash Ribbons chart.

Endpoint
https://newhedge.io/api/v2/metrics/hash-ribbons/hashrate_30d_sma?api_token=YOUR_TOKEN

Replace `YOUR_TOKEN` with your API token.

Sample response
200 Successful response
[
  [
    1788652800000,
    919.2536708435674
  ],
  [
    1788739200000,
    918.401987014936
  ],
  [
    1788825600000,
    917.1279771408056
  ]
]
Metric

Hashrate 60d Sma

Data used by the Hash Ribbons chart.

Endpoint
https://newhedge.io/api/v2/metrics/hash-ribbons/hashrate_60d_sma?api_token=YOUR_TOKEN

Replace `YOUR_TOKEN` with your API token.

Sample response
200 Successful response
[
  [
    1788652800000,
    912.6173567747877
  ],
  [
    1788739200000,
    913.5364821520174
  ],
  [
    1788825600000,
    913.5842679969521
  ]
]
Metric

Hashrate

Data used by the Hash Ribbons chart.

Endpoint
https://newhedge.io/api/v2/metrics/hash-ribbons/hashrate?api_token=YOUR_TOKEN

Replace `YOUR_TOKEN` with your API token.

Sample response
200 Successful response
[
  [
    1788652800000,
    1045.376165011825
  ],
  [
    1788739200000,
    886.9858369797306
  ],
  [
    1788825600000,
    867.9789976158793
  ]
]