DavidPBitcoin

The bearish dam will break...

We are in nearly uncharted waters re: the stablecoin ratio and price. Ignore the circles on the attached chart and focus on the arrows. An increasing stablecoin ratio is a very reliable indicator of upward price movement. There are only two exceptions: Sep 2020 and now. And the divergence now is especially compelling. There is A LOT of $ ready to be deployed. Investors just seem to be looking for evidence the bottom is in. Once we get it, expect to see price reverse and climb quite quickly.