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Gate Square New & Returning Creator Rewards are ongoing!
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Glassnode co-founder: Market Liquidity weakness, network growth slowing could lead to BTC fall to $92,000
PANews February 13 news, Glassnode co-founder Negentropic stated that after inflation data exceeded expectations, the price of Bitcoin once touched the Liquidity point of $94,000 and briefly rose to $98,000 before falling back to $96,000. He pointed out that the current market Liquidity weakness and the slowing rise of the network are potential risk signals, and if conditions do not improve, the price of Bitcoin may further fall to $92,000.