BaroVirtual2021-11-01

Stablecoin Supply Ratio and its Uptrend

Low SSR values are usually associated with a potential bullish trend. Now the SSR is on the conditional uptrend line. With a successful defense of the uptrend, the crazy use of stablecoins to buy BTC will finally begin. If not, then SSR goes into an accumulative-downward movement. The trigger is the same - the Fed (FOMC) meeting on Nov 3 and the main events of November.