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CryptoQuant's Julio Moreno says Bitcoin faces pressure as demand and stablecoin liquidity fall

NewsFeeds update

Julio Moreno, head of research at CryptoQuant, said Bitcoin is under pressure as demand falls quickly and stablecoin liquidity contracts, with price support in the $73,000-$76,000 range.

BitcoinCoinNessAIBearish

Read the original on CoinNess

The story so far: CryptoQuant analyst on weak BTC demand

CryptoQuant analysts have flagged weak bitcoin demand, with a contributor attributing a pullback to weak spot demand and a nearly 10% drop in futures open interest. CryptoQuant now says a sustained recovery needs stronger spot demand and broader accumulation. It says Bitcoin failed to hold above $80,000 and fell back…

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  1. CryptoQuant's Julio Moreno says Bitcoin faces pressure as demand and stablecoin liquidity fall

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