Bitcoin (BTC) has surpassed $100,000, but the overall cryptocurrency market has been experiencing declines. Analyst Markus Thielen suggests that slow liquidity inflows, including from spot Bitcoin ETFs, and a stagnant rally in Nvidia are hindering Bitcoin's rise. The slowdown in liquidity growth and the weakened uptrend in Nvidia shares may explain Bitcoin's struggle to maintain levels above $100,000. At the time of writing, Bitcoin is trading at $97,780.
- Content Editor ( en.bitcoinsistemi.com )
- 2024-12-11
Why Can't Bitcoin Rise? Why Did the Rally Stall? Analyst Explains Overlooked Reasons!