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Bitcoin rallies expected to be short-lived until liquidity returns: Data

1 min read
Bitcoin rallies expected to be short-lived until liquidity returns: Data

Bitcoin price rallies are likely to be short-lived as recent analysis from Glassnode indicates that insufficient bid-side liquidity is hindering the sustainability of breakout gains. Key metrics identified in the report suggest that a return of liquidity is essential for the next phase of BTC price expansion.

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Source: CoinTelegraph · Report an issue

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