Bitcoin could slide further on liquidity squeeze, but long-term bull case intact: Sygnum CIO

Fabian Dori says a short-term liquidity squeeze is driving crypto’s slump, with further downside possible, though improving macro data and fundamentals could speed a recovery. What to know : Sygnum Bank CIO Fabian Dori says bitcoin’s pullback is a liquidity-driven squeeze, not a structural breakdown in fundamentals. Sentiment is at extreme fear levels, leaving markets vulnerable to further volatility and downside. Improving business cycle data, stablecoin growth and institutional adoption support a constructive long-term outlook, according to Dori.