maartunn
This chart signals a potential bottom đ
Stablecoin Supply Ratio is measuring the marketcap of Bitcoin relative to the marketcap of all stablecoins. There are many ways to visualize this ratio, but today I'm using SSR Shock Momentum, which is made by CryptoQuant Colleague @BaroVirtual. SSR Shock Momentum is showing a clear buying signal. In previous two years, the indicator gave 11 buying signals and 10 of those end-up in huge profit. Right now, it is again flashing a buy signal. This doesn't obviously mean that price has to go up, but given the performance in the last two years, it might be worth taking a bet (as long as you'll use good risk management (very important)).