Real Vision analyst Jamie Coutts has identified a bullish signal in the Bitcoin market amidst concerns over a potential US banking crisis. Coutts, a former Bloomberg analyst, took to social media platform X to share his insights with his 18,200 followers. He pointed to macro conditions that could potentially drive Bitcoin prices higher. Coutts highlighted a report by the Federal Deposit Insurance Corporation (FDIC), which revealed that 63 US banks are teetering on the edge of insolvency. These banks are collectively facing $517 billion in unrealized losses. Coutts also mentioned his Bitcoin Trend model, which has recently triggered due to favorable market conditions. He noted that the US Dollar Index (DXY) is down, while yields and corporate spreads are lower. Coutts interpreted this as a sign of central bank liquidity in the air, which could benefit Bitcoin. The analyst appeared to be using a combination of moving averages, the profit and loss metric, and the Slope indicator in his analysis. The FDIC’s May 29th Quarterly Banking Profile report confirmed the significant paper losses faced by US banks, primarily due to exposure to the residential real estate market. These unrealized losses pose a risk to banks’ liquidity. While the FDIC stated that the US banking system is not currently at immediate risk, it warned that persistent inflation, volatile market rates, and geopolitical concerns continue to exert pressure on the industry. As of now, Bitcoin is trading at $70,889, reflecting a 2.6% increase in the past 24 hours.