Bitcoin bulls are currently facing challenges in maintaining the price within the range of $69K-$71K. The ongoing battle between bulls and bears has caused fluctuations in the BTC price, but analysts are optimistic that the asset may soon embark on a bullish rally. The recent surge in Bitcoin’s global liquidity to a staggering $94 trillion indicates that worldwide liquidity is approaching $100 trillion. Philip Swift, the founder of the on-chain data platform LookIntoBitcoin, unveiled this information. This development has the potential to drive the price of BTC higher in the near future.
Can Bitcoin Break Through 72K Resistance Barrier to Achieve Record High
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