Bitcoin (BTC) Liquidity Squeeze: Price Stuck Below $90K Amidst Market Conditions
Bitcoin is currently trading near $87,000, facing challenges in breaking the $90,000 mark. According to reports, on-chain activity and exchange inflows have decreased, suggesting tight liquidity within the Bitcoin market. This environment signals potential volatility as market participants await improved conditions to spur price movement. The current situation reflects a cautious stance among investors, impacting Bitcoin's ability to achieve higher price levels.
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