{"id":1207,"date":"2024-10-16T09:47:25","date_gmt":"2024-10-16T09:47:25","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=1207"},"modified":"2024-10-16T09:47:25","modified_gmt":"2024-10-16T09:47:25","slug":"cathie-woods-ark-invest-says-uptrend-developing-in-bitcoins-market-structure-because-of-this-reason","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=1207","title":{"rendered":"Cathie Wood&#8217;s Ark Invest Says &#8216;Uptrend&#8217; Developing In Bitcoin&#8217;s Market Structure Because Of This Reason"},"content":{"rendered":"<div>\n<p>Asset management giant <strong>Ark Invest<\/strong> predicted a positive turn for <strong>Bitcoin\u2019s <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) price on account of the oversold conditions witnessed for the Stablecoin Supply Ratio Oscillator (SSRO.)<\/p>\n<p><strong>What Happened<\/strong>: A recent <a href=\"https:\/\/www.ark-invest.com\/newsletters\/issue-435\/#trump-linked-world-liberty-financial-aims-to-raise-300-million-for-a-new-defi-lending-platform\">report<\/a>. from the <strong>Cathie Wood<\/strong>-led firm revealed that the SSRO, a metric used to measure Bitcoin\u2019s potential purchasing power, hit an oversold point of -2.27 in early September, a level not seen since the bear market lows of 2022.<\/p>\n<p>For the curious, the SSRO is determined by dividing the Bitcoin supply by the supply of all major stablecoins, denominated in BTC. The ratio\u2019s 200-day moving average, plus 2 standard deviations above and below, is then plotted. The SSRO tracks how the ratio fluctuates between these two standard deviation bands, also known &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41352094\/cathie-woods-ark-invest-says-uptrend-developing-in-bitcoins-market-structure-because-of-th\" alt=\"Cathie\" wood ark invest says developing in bitcoin market structure because of this reason>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Asset management giant Ark Invest predicted a positive turn for Bitcoin\u2019s (CRYPTO: BTC) price on account of the oversold conditions witnessed for the Stablecoin Supply Ratio Oscillator (SSRO.) What Happened: A recent report. from the Cathie Wood-led firm revealed that the SSRO, a metric used to measure Bitcoin\u2019s potential purchasing power, hit an oversold point [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-1207","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1207"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1207\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}