Bitcoin’s Network Momentum Has Stalled—Why It’s Not the End of the World

Bitcoin’s network momentum, a metric that tracks on-chain volume, has stalled in recent months. Some see this trend as a concerning sign for BTC’s long-term trend. This may not be a concern as there are certain trends suppressing the metric, analyst Willy Woo says. Bitcoin Momentum Stalls But It’s Not the End of the World Despite resilience in Bitcoin’s price, exemplified by the recent price action and the macro rally from the March lows, network […]

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Author: toutiao