Is Bitcoin’s recovery at risk? – THIS metric mirrors ‘bear market’ levels 📉
The recent performance of Bitcoin (BTC) is under scrutiny as the cryptocurrency struggles to stay above the $80K mark. Despite its previous rally, market interest and user engagement appear to be dwindling, raising concerns about its sustainability.
This mirrors trends seen during past bear markets, where reduced activity signaled potential downturns. As Bitcoin's network activity shows signs of stagnation, its recovery may indeed be at risk.
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