Yello, ParadiseClub Members! 😎 Have you been keeping an eye on Bitcoin’s network activity? Here’s why you might want to look closer:
💎Recently, the number of new unique addresses being created daily on the Bitcoin network has dipped below 250,000. Usually, this would be a sign of low market demand and hints that fewer people are jumping into Bitcoin. Despite this slowdown in grassroots growth, Bitcoin’s price hasn’t just held up; it’s actually been climbing. What’s behind this resilience?
💎Here’s the scoop from our ParadiseTeam’s Professional Traders: Traditional market indicators might not tell the whole story anymore. The crypto world is evolving, and with the introduction of Bitcoin ETFs and futures, new factors are at play. If you’ve been cautious about Bitcoin’s recent performance due to seemingly low network activity, you might want to reconsider. The landscape has changed and the old rules are being rewritten.
Stay sharp, focused, patient, and disciplined Paradisers🥂
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