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These two liquidity pools are critical for determining where Bitcoin trends next These two liquidity pools are critical for determining where Bitcoin trends next

These two liquidity pools are critical for determining where Bitcoin trends next

The cryptocurrency market has been firmly range-bound for the past couple of days, which has been rooted in Bitcoinโ€™s inability to garner any direction in the time following its recent break below $9,000.

These two liquidity pools are critical for determining where Bitcoin trends next

Cover art/illustration via CryptoSlate

The cryptocurrency market has been firmly range-bound for the past couple of days, which has been rooted in Bitcoinโ€™s inability to garner any direction in the time following its recent break below $9,000.

As the benchmark cryptocurrency continues hovering around $8,700, analysts are now keeping their eyes on a few levels that are key for determining the state of its 2020 uptrend.

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