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