BREAKING
95d 9h ago

Bitcoin Liquidity Rebound Signals Potential Price Validation in About Two Weeks, According to Willy Woo

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

COINOTAG News reported on November 6 that Bitcoin liquidity is beginning to show resilience, according to veteran crypto analyst Willy Woo. He noted that improving on-chain depth and tightened bid-ask spreads signal a potential rebound, rather than a temporary spike. Investors are watching key liquidity metrics as a gauge of momentum in Bitcoin.

Woo’s framework suggests that, if the rebound persists, price validation often occurs roughly two weeks later as liquidity conditions support credible price discovery. The observation aligns with a pattern where crypto market liquidity trends precede price moves, underscoring the importance of monitoring market depth and orderbook flow for systematic traders.

While the assessment remains contingent on on-chain and exchange data, the stance emphasizes cautious optimism and disciplined risk management. Readers should weigh liquidity signals alongside macro factors and rely on credible updates from COINOTAG News for developments in this ongoing Bitcoin narrative and the crypto market.

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