Key takeaways:<\/strong><\/p>\n The stablecoin SSR RSI signals \u201cbuy,\u201d indicating high buying power.<\/p>\n<\/li>\n Long-term Bitcoin holders have accumulated 298,000 BTC.<\/p>\n<\/li>\n Bitcoin’s green September close historically precedes Q4 rallies, averaging 78% gains.<\/p>\n<\/li>\n<\/ul>\n Bitcoin (BTC<\/a>) whipsawed through September, but managed to close the month 5% higher at $114,000 on Tuesday. <\/p>\n Several key indicators now suggest that the recent recovery from $108,000 could signal a \u201cbig move\u201d ahead, according to analysts.\u00a0<\/p>\n The Stablecoin Supply Ratio (SSR), which measures the buying power of stablecoins relative to Bitcoin, has declined, with its relative strength index (RSI)<\/a> reaching its lowest in four months.\u00a0<\/p>\n Related: <\/strong><\/em>Pro Bitcoin traders\u2019 view on BTC\u2019s flash crash to $112.6K: Did anything change?<\/strong><\/em><\/a><\/p>\n The Bitcoin \u201cSSR RSI is at 21, and is \u2018buy\u2019 territory,\u201d said<\/a> onchain data provider CryptoQuant in part to an X thread on Tuesday.<\/p>\n The last time the RSI was around this level coincided with BTC price bottoming below $75,000<\/a>, ahead of the 67% rally to the current all-time highs<\/a> at $124,500.<\/p>\n A lower SSR suggests that there is more stablecoin \u201cbuying power.\u201d This is reinforced by the ever-expanding stablecoin supply<\/a>, which signals increased liquidity and investor confidence.\u00a0<\/p>\n For example, the Tether USDt (USDT<\/a>) market capitalization has been on a consistent climb, with over 10 billion USDT minted in the last 60 days.<\/p>\n \u201cThis is a clear sign of fresh liquidity entering the market,\u201d CryptoQuant noted, adding:<\/p>\n \u201cRising stablecoin supply is a strong tailwind during bull markets.\u201d<\/p><\/blockquote>\n Additionally, Bitcoin long-term holders continue to grow their stash <\/a>with these accumulation addresses now holding a record 298,000 BTC<\/a>. This trend suggests that they are optimistic about Bitcoin\u2019s potential to continue rising.<\/p>\n \u201cThese signals could shape Bitcoin\u2019s next big move,\u201d CryptoQuant concluded.<\/p>\n As Cointelegraph reported<\/a>, several onchain and technical indicators suggest that last week\u2019s drop to $108,650 may have marked the local bottom for BTC.\u00a0<\/p>\n Analytics platform Swissblock also said<\/a> that the crypto market is resetting based on its aggregated impulse signal, which measures the exponential price structure across the top 350 assets.<\/p>\n The metric has dropped to 20% from over 100% a few weeks ago.\u00a0<\/p>\n \u201cAt that exact point, the Impulse Signal collapses to zero. That\u2019s the moment panic exhausts and new buyers step in,\u201d the company explained.<\/p>\n Swissblock highlighted that this reset has only occurred three times since early 2024, with each instance marking a \u201ccycle bottom\u201d followed by a sustained recovery in Bitcoin\u2019s price.\u00a0<\/p>\n \u201cWe are approaching that setup again.\u201d<\/p><\/blockquote>\n Bitcoin extended its streak of positive average returns in September, which has historically been known as its worst month or \u201cRektember<\/a>.\u201d\u00a0<\/p>\n September delivers the lowest monthly returns for Bitcoin, which now averages \u20133% across 13 years from 2013.<\/p>\n However, Tuesday\u2019s close above $114,000 marked a rare bullish end to September, a scenario that has historically been followed by massive gains in Q4 (see figure below).<\/p>\n Popular analyst Mikybull Crypto said in an X post on Wednesday.<\/p>\n \u201cWhenever $BTC closed green in September, what followed in Q4 was usually a massive rally.\u201d<\/p><\/blockquote>\n Moreover, the period between October and December is the best quarter for Bitcoin price rallies with average gains of 78%.<\/p>\n Looking at the recent Q4s, BTC rallied about 48% in 2024 and 57% in 2023 and an exponential gain of 480% in 2013. <\/p>\n\n
Bitcoin\u2019s stablecoin metric signals \u201cbuy\u201d<\/h2>\n
BTC price flashes bottom signal<\/h2>\n
Bitcoin avoids \u201cred September\u201d for third year<\/h2>\n