Bitcoin’s Market Bottoming Process Indicates Potential Bullish Reversal
- Swissblock monitors the Bitcoin Fundamental Index (BFI), which combines liquidity and network growth.
- The BFI is strengthening, suggesting new market participants are entering with fresh liquidity.
- Bitcoin’s liquidity level is currently at 44; a rise above 50 could signal a bullish shift.
- The outlook is supported by the increasing M2 money supply, aligning with Bitcoin’s growth.
- Despite bullish signs, a short-term sell-off remains possible as part of the bottoming process.
The analytics firm Swissblock indicates that Bitcoin may be nearing a market bottom, with its BFI showing increased liquidity and network growth. A liquidity level above 50 could confirm a bullish reversal. However, another short-term sell-off is still possible.
Source (2.6)https://dailyhodl.com/2025/04/07/bitcoin-btc-gearing-up-for-explosive-upside-move-amid-short-term-bottoming-process-says-swissblock/?rand=59076
