STABLES Market Cap to 320B Afternoon my friends,
Do NOT think the stable coin market cap is headed towards a downtrend. So, to me, we pump next week and break above the 320B market cap. If this happens, we can expect a very nice relief rally across the crypto market.
Lets hope it delivers!
Trade thirsty, my friends!
Crypto Stablecoins Market Cap, $
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Stablecoins as the New Macro Liquidity ProxyFor years, macro liquidity in crypto was gauged through broad monetary metrics like M2 or Total Market Cap. But those days are fading.
With the rise of regulated stablecoins—and new TradingView tickers like CRYPTOCAP:STABLE.C (Stablecoin Market Cap) and CRYPTOCAP:STABLE.C.D (Stablecoin Domina
Stablecoin Market: A Clear Path to Bitcoin Over $700k?I've been following the strong correlation between stablecoin liquidity ( CRYPTOCAP:USDT , CRYPTOCAP:USDC , etc, here represented by CRYPTOCAP:STABLE.C ), and the Bitcoin price, and there's a very clear correlation between both.
Why is there a correlation between the stablecoin market and BITS
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Strong sellStrong buy
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Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's value movements over previous years to identify recurring trends.


