Bitcoin's recent failure to break through $100,000 is likely due to a combination of dwindling liquidity and a pause in Nvidia's upward trajectory

A key indicator reveals a significant slowdown in net liquidity inflows into the cryptocurrency market.

Meanwhile, Nvidia, a leading indicator of AI-related investments and broader risk appetite, has experienced a temporary stall in its price growth. For three weeks, Bitcoin has remained range-bound between $90,000 and $100,000, its brief foray above $100,000 on December 5th proving unsustainable.

This price stagnation reflects waning trader enthusiasm, primarily attributed to two factors: reduced liquidity entering the crypto market via channels such as spot ETFs, and the stalling momentum of Nvidia.