Bitcoin Upside Hinges On Liquidity Rising Above This Level, Glassnode Says

A report from on-chain analytics firm Glassnode has highlighted how transitions into strong upside phases have historically required liquidity to hold above a key threshold.
Bitcoin Rally Could Require Realized Profit/Loss Ratio To Rise Above 5
In its latest weekly report, Glassnode has talked about liquidity conditions present on the Bitcoin network as the asset’s price has gone through a drawdown following its failed recovery attempt earlier in the month.“Any meaningful transition