- Since mid-August, Bitcoin’s stablecoin supply ratio has decreased to 4.5.
- Bitcoin is now trading around the $19.5k mark as per CMC.
Бир нече жума мурун, Bitcoin анын Sharpe ratio began climbing up from its September low of -4.38. It has managed to put itself together, but it is still hovering towards the negative.
To gauge the safety of an investment, this ratio is often used. Therefore, it can be concluded that investors are in a far better position now than they were three weeks ago. The value of -0.52, however, is not particularly promising.
Santiment recently tweeted about how on September 30th, more than 34,723 BTC were transferred out of exchanges. According to the data aggregator, this might indicate “a hint of trader confidence.”
Болжолдонгон өсүш моменти
June 17th was the previous time such a massive sum of Bitcoin was transferred out of markets. The subsequent 22% price increase in the asset over the subsequent 4 weeks gave investors reason to be optimistic about the month of October.
Many in the community see this as an opportunity to stock up on Bitcoin. Bitcoin, along with silver and gold, has been labelled a “buying opportunity” by Rich Максим Poor атам жазуучу Роберт Кийосаки.
Кийосаки твиттерде:
САТЫП АЛУУ МҮМКҮНЧҮЛҮГҮ: ФЭС пайыздык чендерди жогорулатууну уланта берсе, АКШ доллары күчөйт, бул алтын, күмүш жана биткоиндин баасынын төмөндөшүнө алып келет. Көбүрөөк сатып алуу. FED Англия сыяктуу пайыздык чендерди буруп, төмөндөтсө, башкалар ыйлап жатканда, сиз жылмайасыз. Аман болуңуз
Additionally, since mid-August, Bitcoin’s stablecoin supply ratio has decreased to 4.5, suggesting a rather substantial stablecoin supply. Again, this is consistent with the textbook premise of rising purchase pressure and provides hope for a turnaround.
Сизге сунушталат:
Bitcoin (BTC) Bulls айынын акырына жетет деп күтүлүүдө
Source: https://thenewscrypto.com/author-robert-kiyosaki-sees-bitcoin-buying-opportunity/