IT Tech2022-03-23

Bitcoin how to find potential best moments to buy and sell using Stablecoin Supply Ratio

I found something interesting in Stablecoin Supply Ratio. (SSR) is defined as a ratio of the Market Cap of BTC divided by the Market Cap of all Stablecoins. It shows comparative power status between BTC and Stablecoin by comparing market cap High : Low Potential Buying Pressure - Bearish 📉 High values mean Low Stablecoin supply compared to the market cap of BTC indicating potential low buying pressure and possible price drop. Low : High Potential Buying Pressure - Bullish 📈 Low values mean high Stablecoin supply compared to the market cap of BTC indicating potential buying pressure and possible price rise. I used SSR RSI to find best moments to buy or sell. As You can see high values over 70📈 on the past that was potential moment to sell. On the other hand when RSI is under 25📉 - potential good moment to buy. It looks very interesting so I will take on eye on this. Historical data no guarantee of future results. Remember to risk management.