Short-Term Bitcoin Price Rallies Anticipated Amid Liquidity Issues

Bitcoin's recent price surges may not last due to a lack of liquidity, according to Glassnode analysis. Key metrics could signal the next BTC growth phase.

The recent uptrends in Bitcoin's price may be fleeting, primarily because of inadequate bid-side liquidity. According to a fresh analysis by Glassnode, various key indicators could foreshadow the upcoming phase of Bitcoin's price development.

As Bitcoin experiences price breakouts, they often fail to sustain momentum, which can be attributed to the current market liquidity conditions. Traders and investors are advised to keep a close eye on these emerging metrics, as they may play a crucial role in defining the next steps for BTC's pricing trajectory.