| Time | Details |
|---|---|
| 2024-07-30 14:31 |
Bitcoin New Addresses Rebound by 35% Since June Low
According to @intotheblock, Bitcoin experienced a significant decline in new addresses at the start of June, reaching multi-year lows. However, this trend has reversed, with daily new addresses increasing by 35% from that low point. This resurgence in new addresses could signal renewed interest and potential upward momentum in the Bitcoin market. (Source) |
| 2024-08-08 17:04 |
Renewed Interest in Bitcoin's New Addresses
According to @intotheblock, the number of daily new Bitcoin addresses has been declining since November 2023, indicating a bearish trend with fewer new participants, especially from the retail sector. However, this trend appears to be reversing, suggesting renewed interest in Bitcoin. (Source) |
| 2024-09-13 16:41 |
Bitcoin Address Growth Nears Critical Threshold
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) |
| 2024-10-24 17:40 |
New Bitcoin Addresses as a Bullish Indicator
According to Burak Kesmeci, for Bitcoin bulls to gain strength, the influx of new investors is crucial, with 350,000 new Bitcoin addresses being a pivotal threshold. An increase in the number of new addresses is seen as a sign of a healthy bull rally. Detailed data analysis indicates that 350,000 is the pivot point distinguishing between bullish and bearish trends. (Source) |