Analyst: Bitcoin spot transaction volume has fallen to the lowest level since the beginning of 2021
Cryptocurrency traders Mikybull Crypto analyzed that the 7 -day average of Bitcoin's spot transaction volume has fallen to the lowest level since 2021. Bitcoin IV is also at the lowest level of the year. He believes that this indicates that the upcoming huge fluctuations will soar BTC to a new level. However, analysts warn that the price of BTC to withdraw to more than $ 25,000 is "possible". For Bitcoin, $ 28,300 is a pressure line.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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