Bitcoin Address Growth Nears Critical Threshold

9/13/2024 4:41:08 PM

According to Burak Kesmeci, the number of new Bitcoin addresses has increased to 330,000, approaching a critical threshold of 350,000. This level is seen as a pivotal point distinguishing bullish from bearish market conditions. Traders are watching closely to see if the number of new addresses will reach or surpass 350,000, which could signal a stronger bullish trend. (Source)

Bitcoin bullish new addresses Threshold bearish

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