Bitcoin tipped for Q3 ‘macro bottom’ near $50K as major liquidity grab looms
Bitcoin market participants may be left in “complete disbelief” as the market reverses from a liquidity grab without another major leg lower, a trader predicted.
Bitcoin (BTC) could reach its new “macro bottom” by September, as price action continues to surprise traders.
Key points:
Bitcoin may “front run” exchange order-book liquidity to produce a bear-market low between $50,000 and $60,000.
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