Bitcoin: Stablecoin Supply Ratio Oscillator


  • 4 months ago
  • Wrapped Bitcoin
  • 209Views
The Stablecoin Supply Ratio (SSR) is equal to Bitcoin's market cap divided by the Stablecoin market cap. It can equivalently be interpreted as the ratio of Bitcoin supply and the stablecoin supply denoted in BTC. Its motivation is to quantify the extent of stablecoin buying power and estimate its potential to move the price of Bitcoin. For example, an SSR of 10 means that stablecoins can potentially buy 1 / 10 = 10% of Bitcoin's supply. Bollinger Bands are a set of trendlines plotted two standard deviations away from the 200-day moving average of the SSR. It is a technical analysis tool for when a signal is overbought (upper band) or oversold (lower band). The SSR oscillator measures the amount of standard deviations that the SSR is from its 200-day moving average. When the oscillator is ?2, SSR hits the upper/lower Bollinger band. Into The Cryptoverse Premium SALE: https://intothecryptoverse.com Data provided by: https://coinmetrics.io/ Into The Cryptoverse Newsletter: https://new
Comment (0)
Share Comment

Wrapped Bitcoin

You can easily buy Wrapped Bitcoin tokens on Uniswap. -- of this token were produced. It u...

Price

59,043,955775467

MarketCap

8,692,548,976

Total Supply

0
Contract
0x2260fac5e5542a773aa44fbcfedf7c193bc2c599

Website

Social Links

Rate Now
(3 review)

More Videos