Here are two indicators suggesting that a new Bitcoin boom might be on the horizon. First, large Bitcoin holders, known as "whales," have accumulated over twenty two thousand BTC (worth more than $2.24 billion) in the past seventy two hours. This significant accumulation reduces the available supply, which could potentially drive prices higher. Second, there is a noticeable increase in the number of daily active addresses and whale transactions on the Bitcoin network. This heightened level of activity indicates a strong and growing network, which often correlates with positive price movements.
NEW BITCOIN BOOM SOON?
Here are two indicators suggesting that a new Bitcoin boom might be on the horizon. First, large Bitcoin holders, known as "whales," have accumulated over twenty two thousand BTC (worth more than $2.24 billion) in the past seventy two hours. This significant accumulation reduces the available supply, which could potentially drive prices higher. Second, there is a noticeable increase in the number of daily active addresses and whale transactions on the Bitcoin network. This heightened level of activity indicates a strong and growing network, which often correlates with positive price movements.