$BTC Bitcoin is edging closer to its ATH… what happens next?
🔸We’re watching a regime where Network Growth (red) is high (~82) and Liquidity mid (~52) with price (gray) near highs.
🔸This mix favors continuation if Liquidity (blue) turns up and clears (~50-60): fuel for another leg.
🔸If Liquidity rolls under ~40 while Network Growth stays hot, that’s a late-stage risk setup often leading to choppy tops or swift pullbacks.
Breaking ATH is one thing. A sustained breakout and full price discovery is another, and Liquidity will tell the story.
