Glassnode co-founder: Weak market liquidity and slow network growth may cause BTC to fall to $92,000

Glassnode co-founder Negentropic stated that after inflation data exceeded expectations, the price of Bitcoin once touched a liquidity point of $94,000 and fell back to $96,000 after briefly rising to $98,000. He pointed out that the current market liquidity is weak and network growth is slowing down are potential risk signals. If conditions do not improve, the price of Bitcoin may further probe down to $92,000.