Bitcoin futures liquidity continues to struggle, with the market remaining in a weak zone, according to CryptoQuant analyst Axel Adler Jr. The Bitcoin Futures Liquidity Index is below 45, indicating persistent market weakness. Bulls made two attempts to regain control on October 13th and 20th, but both efforts failed to sustain momentum. The current Bitcoin price remains below the 30-day fair value, reflecting weakened buyer initiative and signs of fatigue among market bulls.
Bitcoin Futures Liquidity Remains Weak as Buyer Initiative Declines
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