Slower inflow of liquidity and risk-off cues from NVDA might be holding back the upside.
The net inflow of liquidity into the crypto market has slowed, key indicator shows.For the third week, bitcoin remains locked in a price range between $90,000 and $100,000, punctuated only by Dec. 5's short-lived rise into six figures.
First, the influx of liquidity into the crypto market through channels like spot exchange-traded funds has significantly slowed, taking the wind out of the bullish momentum. "This slowdown in liquidity growth may partially explain why bitcoin is struggling to sustain levels above $100,000," Markus Thielen, founder ofThe liquidity indicator has chalked out lower highs of late, diverging bearishly from BTC's price.
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