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Bitcoin transaction count at lowest despite rising bullish signs – why?

Bitcoin transaction counts have reached their lowest levels since March 2024. However, this activity remains above the 2022 peak, suggesting strong macroeconomic interest in Bitcoin despite a dip in immediate activity.

A recent 10% Bid Imbalance on the BTC order book indicates potential bullish market signals. Historical trends reveal that dips generally foreshadow volatility, leading to predictions of increased transaction volumes in the forthcoming months.

This is community-generated content, not advice from ONUS.
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