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Johnson
@moonfun
" #Low number of active BTC addresses, cause for market downturn" The total number of active addresses in the Bitcoin network is at a recent low, similar to when the price of Bitcoin was around $45k three years ago. The decrease in the number of active addresses means that the overall activity of the Bitcoin network, or transactions, is decreasing, reflecting a declining interest in using the network. This indifference can have a negative impact on prices. Less network activity suggests that price volatility is just as low, and this is the reason for the sideways price range between $50k and $71k. However, for some investors, this downturn could be used as an opportunity to buy Bitcoin in anticipation of a future rally.
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