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Are these signals good for Bitcoin price in July? by sodomlv

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· @sodomlv ·
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Are these signals good for Bitcoin price in July?
There are some signals maybe good for Bitcoin price in July.

**1. Stablecoin Supply Ratio (SSR) bounce back**
According to Glassnode data, SSR is bouncing back. In the below chart, BTC price went up when SSR touched the ground and bounced back. Will it happen this time?
![image.png](https://i.imgur.com/FInde55.png)

**2. 4th largest BTC wallet made a move**
On 21/Jun and 23/Jun, a #BTC whale wallet already bought 4,106 BTC. The whales started to buy at dip and this may a good signal for BTC price in comings weeks. 
![image.png](https://i.imgur.com/jE78Gxc.png)

**3. BTC liquid supply decreased**
What does it mean? Lack of BTC supply across trading platforms and buy demand is higher.
![image.png](https://i.imgur.com/rgw7dNy.png)

How do you think about BTC price in Jul? Up or down?

*Souce:*
1. https://studio.glassnode.com/metrics?a=BTC&category=&m=indicators.SsrOscillator
2. https://twitter.com/venturefounder/status/1408153640611815431
3. https://twitter.com/Negentropic_/status/1408080401923555336

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@sodomlv/are-these-signals-good-for-bitcoin-price-in-july)
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@beehivetrader ·
Interesting take. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@beehivetrader/re-sodomlv-e8try)
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@hivebuzz ·
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