EddieJayonCrypto

 23 Oct 24

tl;dr

Bitcoin experienced a brief dip below $67,000 before a modest recovery following an unsuccessful attempt to surpass $70,000. Retail on-chain activity has surged, with a 13% increase in demand over the past 30 days, indicating renewed interest from non-institutional investors. Factors such as increas...

Bitcoin retail activity returns:
Retail on-chain activity sees resurgence, indicating renewed interest from smaller investors and potential for retail-driven momentum.

Parabolic phase:
Analysts suggest the end of bitcoin's downtrend, signaling potential preparation for a parabolic phase and rising investor confidence.

Bitcoin experienced a brief dip below $67,000 before a modest recovery following an unsuccessful attempt to surpass $70,000. Retail on-chain activity has surged, with a 13% increase in demand over the past 30 days, indicating renewed interest from non-institutional investors. Factors such as increased whale activity, potential Federal Reserve rate cuts, and growing confidence in Bitcoin contribute to this upward trend. Analysts suggest that Bitcoin may be entering a parabolic phase, with expectations of significant price increases.

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 22 Dec 24
 22 Dec 24
 22 Dec 24