CryptoQuant: Bitcoin may bottom by month-end as exchange liquidity dries up
- —CryptoQuant expects a local Bitcoin bottom by the end of the month
- —Analysts say this would not mark a global trend reversal
- —Thin liquidity on centralized exchanges is cited as the main stabilizing factor
- —Exchange inflows remain sporadic and small
Why it matters: If exchange liquidity stays low, selling pressure may ease and keep Bitcoin from another leg down.
Source: BitExpert