Why Stablecoin Growth a leading Indicator for Bitcoin's Price
Stablecoin fundamentals could help shine a light on what's next for #bitcoin.
Periods, where USDT market-cap growth falls to zero on my index, have consistently been turning points for Bitcoin, typically leading to rallies higher.
In my opinion, we are at a point similar to Feb 2024.
👉If liquidity starts to grow in stablecoins, we could see the next leg higher start.
Periods, where USDT market-cap growth falls to zero on my index, have consistently been turning points for Bitcoin, typically leading to rallies higher.
In my opinion, we are at a point similar to Feb 2024.
👉If liquidity starts to grow in stablecoins, we could see the next leg higher start.
Check out my YouTube channel - Crypto With Pav, for crypto market analysis. You can also join my free telegram for more frequent updates - t.me/pavs_ta_temple
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Check out my YouTube channel - Crypto With Pav, for crypto market analysis. You can also join my free telegram for more frequent updates - t.me/pavs_ta_temple
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.