#bitcoin

🚨 Bitcoin Losing Steam? 📉 Analysts Warn of Fragile Market Support

Bitcoin ($BTC ) has dropped 3.7% over the past week, now trading at ~$114,420 after peaking above $123,000 last month. 😬 Key factors:

🔍 Weakening Liquidity: CryptoQuant’s Arab Chain reports a sharp collapse in Bitcoin’s liquidity inventory ratio since mid-July, down to just over 3 months of available supply. Thin liquidity + low demand = price vulnerability.

📉 Inconsistent ETF Demand: Erratic inflows/outflows in Bitcoin ETFs are failing to provide stable support, amplifying sell-off risks.

🐳 Limited Smart Money: “Smart portfolios” show modest buying, but not enough to counter selling pressure.

⚠️ Without fresh institutional demand or stronger accumulation, BTC’s market remains fragile, prone to volatility. 📊

What’s next for Bitcoin? 👀