DeFi Intel

Bitcoin’s next major move may be higher, but liquidity has yet to return: Bitfinex analysts

Bitcoin has held above its $63,200 median realized price and was trading near $64,500 after nearly three months in a contracting range. Bitfinex analysts identified $67,176 as the breakout level that could raise the chances of an upside volatility expansion, noting that the prolonged defense of this support increases the probability the next major move favors buyers. However, weak ETF demand and falling stablecoin supply have left the potential rally without fresh liquidity.

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