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Bitcoin Transaction Volume Hits 2024 Low Despite Strong Network Metrics
TLDR Bitcoin network transactions have reached their lowest point since March 2024, though still maintaining higher levels than 2022's peak, showing sustained long-term growth despite short-term decline A 10% Bid Imbalance has emerged in the 0-5% depth range of the BTC order book, indicating potential bullish market conditions as demand exceeds supply Technical analysis shows [.
TLDR Bitcoin network transactions have reached their lowest point since March 2024, though still maintaining higher levels than 2022's peak, showing sustained long-term growth despite short-term decline A 10% Bid Imbalance has emerged in the 0-5% depth range of the BTC order book, indicating potential bullish market conditions as demand exceeds supply Technical analysis shows [. What's Your Reaction?
