Bitcoin liquidity is showing signs of recovery, according to on-chain analyst Willy Woo, who suggests that such recoveries often precede price increases. This development coincides with former President Donald Trump's pro-crypto remarks, advocating for the U.S. to become a 'Bitcoin superpower.'
Following Trump's statements, Bitcoin prices have rebounded, surpassing $103,500. Analysts indicate that if the liquidity trend continues, a price confirmation could occur in about two weeks, potentially leading to a bullish market phase dubbed 'Moonvember.'
Bitcoin Liquidity Recovers as Trump Advocates for U.S. Crypto Leadership
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