Bitcoin Liquidity Shift Could Trigger $124K Breakout
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Increasing stablecoin supply mirrors past liquidity patterns that preceded significant Bitcoin rallies. Will BTC price return to $124,000 soon?
Stablecoin supply has spiked to bear market levels, suggesting buyers could soon spark another leg up for the Bitcoin and crypto markets, according to analysts.
Bitcoin Stablecoin Supply Ratio at bear market lows signals BTC price bottom.
Rising Binance stablecoin reserves and falling BTC supply indicate a buildup of buyer liquidity.
Bitcoin’s falling wedge breakout targets previous all-time highs at $124,000.
Bitcoin liquidity signals “turning point”
Bitcoin’s stablecoin ratio is at levels that have historically marked bottoms for BTC, according to new analysis.
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