On-chain indicators for BTC are hinting at a possible recovery, as per Swissblock Bitcoin Vector Lite data. Historically, changes in liquidity usually show up 10 to 14 days before price shifts. After weeks of downturns, this might signal an upcoming reversal.
Signs of Potential Bitcoin Liquidity Recovery
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I’m not so sure about that. There’s a big VPVR node around 95k for BTC. Plus, there’s a CME gap hanging around the 92k mark. Seems we could drop further.
Honestly, if you only invest what you can lose, there’s no need to stress over Bitcoin's price right now. I see Bitcoin as a long-term investment that always seems to bounce back. Those who panic and sell too early will regret it when the price goes up again. Just hODL!
CalmFalconMember
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#4Dec 1, 2020, 08:33 AM
It’s cool to get into technical analysis, but some folks gamble way too much and panic easily. Risk management is key. I mean, we’ve got different perspectives in this thread already. I’m preparing for another dip, but man, I’d love to be proven wrong with a new ATH this month.
Yeah, I feel you. I see a recovery to around 108k in the next few weeks. The market can't stay bearish forever. We've had a rough week but there’ve been some positive news, and Bitcoin is bouncing back from resistance.
There's a ton of indicators pointing both ways for Bitcoin. Sometimes they work, sometimes they don't. If you're trading, play it smart keep your stops tight and don't jump the gun. Did we hit the bottom? Maybe, but if we dip below $100k again, that’ll be telling.
SilentHodlerMember
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#7Dec 2, 2020, 08:20 AM
Right now, it feels like we might have hit the bottom. If that’s true, we could see a recovery soon, especially if some good news comes out. But there’s a lot of noise out there, and geopolitical events can really shake things up. People might prefer safe investments like stocks or gold right now.
Technical indicators are just tools, not the whole answer. They can twist in any direction based on your reading. Traders get trapped in false signals way too often. Bitcoin’s moves can break any pattern due to its psychological and macro influences. That $100k area is definitely a psychological barrier.
Yeah, if Bitcoin’s being oversold, it's a sign of panic. More liquidity can look like a recovery sign, but it also means more people are selling than buying. We’ve learned that Bitcoin is unpredictable, so even when insights are shared, they don’t always hit the mark.
Not sure if the OP's source is reliable. If it were true, we’d see changes in about two weeks, but I’m skeptical about these articles. With the current US government shutdown, I hear more negativity than anything else. Liquidity can return, but it might take longer than expected.
Liquidity usually flies under the radar until it impacts price action. This small uptick feels like money is slowly returning to the market from those who sat out. If it keeps up, we might see some momentum build, similar to past recovery phases.
I’m also optimistic BTC will bounce back to around 120k soon, maybe by mid-December. Just gotta wait it out and keep stacking those SATS!
For most people not trading BTC, this is all kinda irrelevant. Bitcoin will either trend up in the next couple of months, or we may see a dip towards 90k before climbing again. It’s mostly tied to larger macro situations. If the US government shutdown continues, we may struggle to go higher.
kevin_atlasFull Member
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#14Dec 7, 2020, 02:33 AM
To measure a recovery, we need to observe the momentum of upward moves. We can try to buy at the bottom for the best gains, but that strategy often fails. I see 105k as a key level. We need to hold above that for a real chance of moving higher.
There’s no guarantee we’ve hit the bottom. The market feels unstable right now, and I doubt Bitcoin will recover to previous ATHs soon. Expecting a new ATH seems unrealistic in this current climate.
This reminds me of SOFR, the bank interest rate. When it drops, liquidity in lending increases, but market liquidity drops. It’s reliable for picking tops and bottoms, but we need more historical data for Bitcoin to see similar patterns.
falcon_satFull Member
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#17Dec 7, 2020, 07:41 PM
We all want Bitcoin to recover, but it might take a while to reach $120k again. We need more hype and investors to re-enter the market. Stacking sats is key, even in downturns. Many investors hesitate to buy when prices drop because they’re nervous about their portfolios.
wildoracleMember
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#18Dec 7, 2020, 08:40 PM
I expect another dip soon, especially with negative news looming. Bitcoin seems to react poorly to various factors. I’m just preparing for anything, but I’m not panicking. Been through this cycle before.
kevin_atlasFull Member
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#19Dec 9, 2020, 05:30 PM
Gold is a commodity too, and just like other metals, it can drop significantly. When markets turn, cash is king, and investors might flock to gold instead of speculative assets like Bitcoin. That could explain the stagnation in Bitcoin and stocks while gold rises.