📢📢📢📢The growth indicator has triggered: is the market preparing for a new Bitcoin rally?
The Bitcoin to stablecoin reserve ratio indicator on Binance has triggered again around $76k–$77k — this is the level at which major Bitcoin rallies have previously started.
This behavior shows that stablecoin reserves are growing faster than BTC reserves, indicating an excess of capital ready to enter the crypto asset market.
A similar signal appeared after the "corona drop" in 2020, at the end of 2022, and now again. In all cases, this was followed by an increase in the price of Bitcoin.