DavidPBitcoin
Stablecoin deposits to the rescue (soon)...
As shown, the only time this halving cycle that price action has not correlated positively with stablecoin deposits is now. This bullish divergence suggests that current price may be merely lagging given this otherwise reliable correlation. I have noted elsewhere that many institutions curtail their activities during the summer ("Sell in May and go away"); perhaps BTC will blossom once again come September?