Bitcoin-AAPL Ratio Nears Support Level, Potentially Signaling Next Growth Cycle
The Bitcoin-to-Apple (AAPL) stock ratio remains within a decade-long ascending channel, nearing its lower support line. This historically signals undervaluation and potential accumulation, which could indicate the start of Bitcoin's next growth cycle.
However, stablecoin inflows, a key on-chain indicator for crypto market rallies, are currently low, with $1.42 billion entering over seven days compared to $10 billion withdrawn in the past month.
This suggests cautious investor sentiment ahead, despite softer US inflation data boosting crypto market sentiment.