Notorious B.I.D. 2.0: Biggie-Sized Bidder Will Fuel Bitcoin Rally Again?

The cryptocurrency market has experienced significant volatility in recent months, with the price of Bitcoin (BTC) dropping from its new yearly high of $31,000 to its current trading price of $27,300. This pullback has left Bitcoin at a crossroads, with traders waiting to see whether the key support level of $27,000 will hold or break.
However, Bitcoin is known for its volatility, and bid liquidity movement can provide valuable insights into market activity. In Q1/2023, a block of bid liquidity