New beginning

Call for a miner death spiral a few months ago? I don't think so!

**Hash ribbons recently gave 2 consecutive buy signals.

When we look at the previous bull-run in 2017 we can see that those small resets are turning points where momentum picks up again. About a billion of OI got wiped out since the peak in the 12k range. Talking about stablecoins, this is the SSR. It show the ratio between BTC supply and stablecoin supply.

The lower the ratio, the more buying power the stablecoin supply has