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Bitcoin’s Recovery: Analyst Zeroes in on Key Liquidity Factor
Feb 28, 2025
< 1 min read
by Lipika Deka
for CoinEdition
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- Liquidity is crucial. Fresh capital inflow is essential for Bitcoin to recover and resume its bull run.
- 75K Support is key. Analyst’s bullish outlook hinges on Bitcoin staying above the $75,000 price level.
- Volatility to be expected. Past drops show Bitcoin can rebound, but sideways trading or further dips are likely.
With Bitcoin struggling to hold ground at $80,000, currently in the red trading at $79,222, investors are anxious to see if the cryptocurrency can stop its latest slide and begin to recover.
And according to CryptoQuant CEO Ki Young Ju, the key to a turnaround lies in fresh capital flowing into the market. While recent spot trading volume has shown activity, Ju warns that without a significant influx of new money, Bitcoin could remain stuck in a sideways pattern, or worse, …
The post Bitcoin’s Recovery: Analyst Zeroes in on Key Liquidity Factor appeared first on Coin Edition.
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