$BTC Approaches Resistance As Stablecoin Trends Flash Warning

Key Highlights:

* Bitcoin approaches crucial $113K resistance, under threat of near-term slowdown.

* The stablecoin ratio breaks into the risk zone, suggesting potential profit-taking.

* The long-term trend remains intact, with pullbacks viewed as healthy resets.

Bitcoin's rally is beginning to stall as it nears the $113K threshold. Concurrently, on-chain indicators—particularly the stablecoin supply ratio—are sending a warning signal.

When this indicator rises, investors often move funds from Bitcoin to stablecoins. This shift is usually linked to short-term selling pressure.

Profit-Taking Might Reach Before Breakout

The stablecoin ratio suggests some traders may be preparing to take profits. $BTC is approaching major resistance, increasing the likelihood of a pullback. 

If selling pressure rises, key support levels like $109K or $106K could be tested. A rebound from these points may trigger another surge. This is not doom - merely a natural pause in a bullish trend.

Big Picture Still Bullish

Despite warning signs, the long-term prospects of Bitcoin are still upbeat. The stablecoin ratio is in a mid-cycle phase, often linked to corrections rather than full reversals. 

$BTC momentum stays strong if it holds above key support levels. If this trend continues, a breakout past $113K remains possible. Overall, the market still favors upward movement.

#btc #stablecoin #StablecoinDebate #BullishMomentum #bullish