đCryptoQuant data suggests #Bitcoin has bottomed, indicating a good time for traders to accumulate. However, Bloomberg analyst Mike McGlone warns of potential liquidity challenges as global interest rates rise.đ
- Public sentiment & Bitcoin prices are often linked; low interest suggests the coin is far from its peak.
- Monetary policy shifts & central banks resuming interest rate hikes could impact sentiment & capital inflow to crypto.
- McGlone sees strong resistance at $30k, but BTC could retrace to $10k.
What do you think?đ€ Share your thoughts below!đ
- Public sentiment & Bitcoin prices are often linked; low interest suggests the coin is far from its peak.
- Monetary policy shifts & central banks resuming interest rate hikes could impact sentiment & capital inflow to crypto.
- McGlone sees strong resistance at $30k, but BTC could retrace to $10k.
What do you think?đ€ Share your thoughts below!đ