Short excerpt from a YouTube market-analysis video by Kosta Ouzas explaining that a developing liquidity pool is providing the "fuel" for Bitcoin to move higher after a very swift down move. The speaker highlights a "void of liquidity" after the all-time high that allowed a rapid price drop and notes liquidity must accumulate for recovery.
We've been watching that pool for about a week now. It's been developing very, very nicely. So that's a definitely an important pool there because that gives the price fuel to start moving higher. The problem with this down move was so swift. After the all time high, you can see that tremendous void of liquidity. There's a void like right to the right. Yeah, that's a huge void of no liquidity there. So the price when it ripped down very, very hard and fast, we need liquidity to start to accumulate so we can get back up. That's what's happening now.
