Stablecoin fundamentals could help shine a light on what's next for #bitcoin.
Periods, where USDT market-cap growth falls to zero on my index, have consistently been turning points for Bitcoin, typically leading to rallies higher.
In my opinion, we are at a point similar to Feb 2024.
👉If liquidity starts to grow in stablecoins, we could see the next leg higher start.
Periods, where USDT market-cap growth falls to zero on my index, have consistently been turning points for Bitcoin, typically leading to rallies higher.
In my opinion, we are at a point similar to Feb 2024.
👉If liquidity starts to grow in stablecoins, we could see the next leg higher start.
Check out my YouTube channel - Crypto With Pav, for crypto market analysis. You can also join my free telegram for more frequent updates - t.me/pavs_ta_temple
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Check out my YouTube channel - Crypto With Pav, for crypto market analysis. You can also join my free telegram for more frequent updates - t.me/pavs_ta_temple
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.