Bitcoin Transfer Count Lowest Since 2023—Is This Bearish?
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Bitcoin's transaction count has dropped to its lowest level since October 2023, which could indicate bearish sentiment for BTC's price.
March 20, 2025 | 1:15 am
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The transaction count for Bitcoin has decreased to its lowest since October 2023, potentially signaling bearish sentiment for BTC's price.
A decrease in transaction count can suggest reduced network activity and interest, which may lead to a decline in Bitcoin's price as it reflects lower demand or usage.
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IMPORTANCE 80
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