🔥 Stablecoins Predicted Bitcoin DUMP🚨 100% Accurate Signal!

In this analysis I want to take a closer look at my previous relative Stablecoin marketcap analysis back in August.

To be more precise, I'm measuring the stablecoin marketcap as a percentage of the total marketcap, which constructs this bullish channel pattern.

To build it yourself, put this in the TV search bar: (CRYPTOCAP:USDT+CRYPTOCAP:USDC)/CRYPTOCAP:TOTAL

In my previous analysis I mentioned that this "indicator" has a 100% correctness-rate at predicting Bitcoin dumps. As of now, it has correctly predicted 4 major BTC tops.

It's still unclear to me whether we're going up for a few weeks, or that we go up for months and that this indicator will retest the top resistance. From a long-term investing perspective, I hope that we go up for months and go for a retest. Crypto will be extremely cheap at that point with a high probability for gains in the future.

Do you enjoy this indicator? What is your view on the market? Share your thoughts in the comments 🙏