CW8900
As the stablecoin supply increases once again, Bitcoin is shifting toward a bullish trend.
Following the Binance hack, the supply of stablecoins decreased, leading to a brief shift toward a bearish trend. However, the stablecoin supply is now increasing again, and $BTC is also showing a rebound signal. The Stablecoin Supply Ratio (SSR) indicator is once again approaching a golden cross. The very short bearish trend is coming to an end, and $BTC is on the verge of shifting back into a bullish trend.