Bitcoin price metric 'bearish since October' warns analyst amid $10K dip

Bitcoin versus global liquidity potentially paints a grim short-term picture for BTC price action.

Bitcoin is on “borrowed time” as global liquidity conditions turn against crypto and risk assets, new analysis warned.

In a thread on X on Dec. 6, Jamie Coutts, chief crypto analyst at investment firm Real Vision, delivered unwelcome news for Bitcoin (BTC) bulls.

Bitcoin could well make further gains in this bull market, but the next three months may mark a pause for the party. Coutts said liquidity conditions, as expressed by his Bitcoin MSI macro model, suggest pain may come next.

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