Bitcoin Buy Signal: Binance BTC/Stablecoin Ratio Hints at Incoming Supply Shock
Bitcoin (BTC) is attempting to reclaim key resistance levels this week as traders brace for the US Federal Reserve meeting later today—a pivotal event that could set the tone for risk assets heading into November. Market volatility has tightened in recent days, with investors watching whether the Fed will maintain its restrictive policy or hint […]
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On-chain data shows the Bitcoin stablecoin supply ratio is now showing a green signal that has proved to be profitable for the crypto several times in the last two years. Bitcoin Stablecoin Supply Ratio Shock Momentum Forms “Buy” Signal As pointed out by an analyst in a CryptoQuant post, out of the 11 previous such buy signals, 10 ended up profitable for the crypto. The “stablecoin supply ratio” (or the SSR in brief) is an indicator that measures the ratio between the market cap of Bitcoin and that of all stablecoins. Generally, whenever investors want to avoid....
On-chain data shows the recent trend in the Bitcoin Stablecoin Supply Ratio may suggest the crypto could see a buy signal soon. Bitcoin Stablecoin Supply Ratio RSI 14 Is Near A “Buy” Signal As explained by an analyst in a CryptoQuant post, whenever the SSR RSI has gone below a value of 25 during recent years, the crypto has observed a buy signal. The “Stablecoin Supply Ratio” (or SSR in brief) is an indicator that measures the ratio between the market cap of Bitcoin, and that that of all stablecoins. As their name implies, “stablecoins” are quite stable....
On-chain data shows the Bitcoin Stablecoin Supply Ratio has declined into the buy territory. Here’s what followed this signal in the past. Bitcoin SSR RSI Is Giving A Buy Signal In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the Stablecoin Supply Ratio (SSR) for Bitcoin. The SSR is an indicator that measures how the market cap of BTC compares against the total supply of the stablecoins. Stablecoins refer to cryptocurrencies that are pegged to a fiat currency. Investors generally park their capital in the form of these assets when they....
A quant has explained how the data of the stablecoin supply ratio (SSR) may be used to find Bitcoin buy or sell signals. Stablecoin Supply Ratio May Be Able To Predict Bitcoin Buy And Sell Signals As explained by an analyst in a CryptoQuant post, the stablecoin supply ratio may help us find BTC buy or sell signals. The “stablecoin supply ratio” (or SSR in short) is an indicator that measures the ratio between the market cap of Bitcoin and that of all stablecoins. In simpler terms, what this metric tells us is how the supply of the stablecoins compare with that of BTC. Investors....
The price of XRP may be declining as volatility extends, but a lot of the leading altcoin has been observed leaving cryptocurrency exchanges at a rapid rate. With the token heavily leaving exchanges during the bearish phase, this raises the possibility of an anticipated supply shock. Is An XRP Supply Shock Incoming? As XRP battles […]