Why Stablecoin Growth a leading Indicator for Bitcoin's Price
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
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