Bitcoin’s Recent Dip Explained: Analyst Analyzes Liquidity Trends & Technical Signals

Crypto analyst Mutugi Benard dives into Bitcoin’s recent price drop, exploring the causes and potential future for BTC. He uses insights from liquidity heat maps, 50-week moving average retests, and rising Bitfinex long positions to predict near-term market trends. 🕵️‍♂️ Benard believes the dip is linked to liquidity imbalances and a stock market correction. Analysis suggests Bitcoin may be approaching a bottom due to these factors.