Bitcoin is on the rise, but the Bitcoin network has become a ghost town on the chain? | Bee Network
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The market may gradually weaken its concern about short-term tariff uncertainties. Although the possibility of a full return to normal in the macro environment is low – tariffs still exist, companies may postpone capital expenditures, and consumers remain cautious – there is still a moderate upward repricing opportunity for the US stock market, which will provide support for risky assets including BTC. BTC stands firm on the 21-week moving average, with obvious upside potential The current BTC price has risen to $93,653, breaking through and stabilizing above the 21-week moving average. The 21-week moving average is our preferred and intuitive technical indicator for judging the markets long and short trends. BTC has re-broken and stabilized above the 21-week moving average, which also coincides with the 23.6% Fibonacci retracement level of…# Analysis# bitcoin# crypto# Exchange# Market# TokenPre
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- Original author: UkuriaOC, CryptoVizArt, Glassnode Original translation: AididiaoJP, Foresight News summary The number of on-chain transactions has decreased, but the settlement volume has incr...