Bitcoin Liquidity Pattern Signals ‘pivotal Moment’ With $124k Btc...

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 (BTC) 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’s stablecoin ratio is at levels that have historically marked bottoms for BTC, according to new analysis.

Stablecoin Supply Ratio (SSR) has dropped back to its “lower historical range (13) — the same zone that marked bottoms in mid-2021, and throughout 2024,” CryptoQuant analyst MorenoDV wrote in a Quicktake analysis, adding:

The low SSR suggests that stablecoin liquidity is quietly building again, potentially setting the stage for a relief rally or the final bullish leg of this cycle.

The Binance Bitcoin/Stablecoin Reserve Ratio (SRR) tells the same story.

Related: Bitcoin price fills CME gap, but ‘$240M market dump’ stops a $104K rebound

Source: CoinTelegraph