Bitcoin sell-side liquidity hits lowest degree since 2018 fueling BTC rally

Bitcoin sell-side liquidity hits lowest level since 2018 fueling BTC rally

Bitcoin’s journey close to six figures has been marked by intriguing market maneuvers. As costs wavered between $92,000 and $100,000, behind-the-scenes dynamics performed an important function. Current information shines a light-weight on declining OTC desk balances and a renewed shopping for spree from whales—revealing a shift from web promoting to optimistic accumulation. However why are these influential gamers transferring BTC off-exchange and clutching tighter onto their holdings? Delve into the strategic sport reshaping Bitcoin’s market as the most recent halving’s impression unfolds…

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leadzevs/ author of the article

LeadZevs (John Lesley) is an experienced trader specializing in technical analysis and forecasting of the cryptocurrency market. He has over 10 years of experience with a wide range of markets and assets - currencies, indices and commodities.John is the author of popular topics on major forums with millions of views and works as both an analyst and a professional trader for both clients and himself.

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