4w
109
coming soon 🔜🧠👀
_CryptOQueeN_
--
The missing factor preventing Bitcoin from confidently surpassing its all-time high, according to an analytics company 🚀💰
The analytics platform Swissblock indicates that Bitcoin cannot rise confidently above its all-time high so far due to one missing factor: liquidity on the network.
Liquidity on the network refers to how easily Bitcoin can be bought or sold without significantly affecting its price. Low liquidity means there aren't enough buyers to absorb sell orders, leading to a price drop.
Swissblock explains:
✅ The structure of Bitcoin is strong, but liquidity is the missing factor for a true breakout above its all-time high.
✅ Capital rotation towards Ethereum and altcoins is in full swing, paving the way for altcoins to outperform by the end of the cycle.
✅ Current indicators show that any short-term corrections are golden buying opportunities.
At the time of writing this post, the price of Bitcoin is approximately $117,422, with expectations of continued buying opportunities at any short dip.
📊 Analytics Tip: Take advantage of any short dip on Bitcoin to buy, while monitoring liquidity on the network to determine the timing of a significant breakout.
The analytics platform Swissblock indicates that Bitcoin cannot rise confidently above its all-time high so far due to one missing factor: liquidity on the network.
Liquidity on the network refers to how easily Bitcoin can be bought or sold without significantly affecting its price. Low liquidity means there aren't enough buyers to absorb sell orders, leading to a price drop.
Swissblock explains:
✅ The structure of Bitcoin is strong, but liquidity is the missing factor for a true breakout above its all-time high.
✅ Capital rotation towards Ethereum and altcoins is in full swing, paving the way for altcoins to outperform by the end of the cycle.
✅ Current indicators show that any short-term corrections are golden buying opportunities.
At the time of writing this post, the price of Bitcoin is approximately $117,422, with expectations of continued buying opportunities at any short dip.
📊 Analytics Tip: Take advantage of any short dip on Bitcoin to buy, while monitoring liquidity on the network to determine the timing of a significant breakout.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
30
0