Bitcoin$BTC started the Asian session with a slight rally, but analysts warn the momentum is built on weak foundations. Despite a quick price bounce, market data shows shrinking liquidity, meaning fewer buyers are supporting the move. ๐
BTC
96,713.97
-0.85%
Large investors have reportedly been moving $BTC onto exchanges, a sign they may be preparing to sell. Combined with low trading volumes, this creates a fragile environment where even small sell-offs can trigger sharp drops. โ ๏ธ
Until strong demand returns, Bitcoinโs rally may remain unstable, with traders watching closely for the next major shift. ๐๐
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