BTC’s limited buying power: Bitcoin’s value fluctuates between $98,000 and $10,000, reflecting weak buying power. The notable rise in the Stablecoin Supply Ratio to 18.29 signals a lack of liquidity, making it challenging for Bitcoin’s price to experience significant upward Movement.
Market indicators suggest challenges: Technical indicators, such as the negative Moving Average Convergence Divergence (MACD), and stagnant bull-bear activity, reveal market challenges. If buying pressure stagnates, Bitcoin may decline to $90,623. However, increased bullish activity could surge the price to $103,581.
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