Bitcoin capitulation ‘twice as weak’ after spot liquidity turns supportive: Glassnode

Bitcoin’s realized losses fell by 46% as increasing bid-side liquidity points to easing sell pressure. Can bulls push BTC price back above $70,000?

Technical Analysis

Bitcoin’s realized losses fell 46% as spot liquidity turns supportive. Could this boost push BTC back above $70,000?

Why it matters: Increasing bid-side liquidity signals easing sell pressure, hinting at a stronger recovery.

Key Points

• Bitcoin’s realized losses fell by 46% as increasing bid-side liquidity points to easing sell pressure.
• Can bulls push BTC price back above $70,000?

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