Bitcoin Hits 50k with a lot of "Dry Powder" Left on the Sidelines

Bitcoin-Hits-50k-with-a-lot-of-Dry-Powder-Left-on-the-Sidelines

1. The chart shown below shows exchange stablecoin reserves near all time highs.
2. Prevailing competition is between those who believe this is a 'dead cat bounce' or a continuing bull market leg leading to ATHs.
3. With stablecoin reserves at such a high level, it seems likely that psychological milestones, like $1 Trillion marketcap (we are at ~$950 billion currently), will spark a new wave of investors that can carry us to ATHs.

[Not Investment Advice; Do Your Own Research]