Since 2019, Bitcoin has never risen above the middle of the long-term channel without the launch of a QE (quantitative easing) program, which floods the market with liquidity and pushes risky assets up.
QE has always been the fuel that accelerated the trend. And right now, that driver simply isn't there; the market is standing still, waiting for a real bullish catalyst.
❗️Until liquidity returns, $BTC will continue to move cautiously and there will be no aggressive growth.
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🪙 Bitcoin has hit a ceiling again
Since 2019, Bitcoin has never risen above the middle of the long-term channel without the launch of a QE (quantitative easing) program, which floods the market with liquidity and pushes risky assets up.
QE has always been the fuel that accelerated the trend. And right now, that driver simply isn't there; the market is standing still, waiting for a real bullish catalyst.
❗️Until liquidity returns, $BTC will continue to move cautiously and there will be no aggressive growth.
#BTC #bitcoin