🚀 Bitcoin's liquidity is on the rise, folks! 💪 This could mean a steady climb in BTC's price.

Liquidity, or how easily an asset can be bought or sold without affecting its price, has been on the up since the FTX collapse. This is great news for Bitcoin as it can help to reduce price volatility and the impact of big sell-offs.

Since the halving on April 20th, Bitcoin's market depth has grown from $323.91 million to $419.97 million. 📈

But, there's a catch. Weekend trading activity has historically been a challenge for crypto markets, causing a decline in Bitcoin's weekend trading volumes.

Despite this, the optimism surrounding the spot Bitcoin ETF approvals, improving liquidity conditions, and higher transaction fees is high.

However, macroeconomic uncertainties still exist. Previous Bitcoin halvings have coincided with periods of low-interest rates and stable inflation, supporting bull runs.

Moving forward, the halving alone won't fuel a sustained bull run. Bitcoin needs to attract new investors, likely through the U.S. and upcoming Hong Kong spot Bitcoin ETFs.

What do you think? Will improving liquidity and demand boost Bitcoin's value? Let's chat in the comments! 🗨️ #Bitcoin #DeFi