Bitcoin update 30.07
Updated
After BTC not breaking the resistance of 41k we see a correction, I expect to enter the market at 38.2 -50% fibo.
After that, if we break the blue resistance line we could see 42800-46800
Addresses holding between 100 and 10,000 BTC have just reached a combined AllTimeHigh 9.19 million coins. They have added another 170,000 BTC since 22 May and a staggering 130,000 BTC in the last 4 weeks alone.
Best regards EXCAVO
After that, if we break the blue resistance line we could see 42800-46800
Addresses holding between 100 and 10,000 BTC have just reached a combined AllTimeHigh 9.19 million coins. They have added another 170,000 BTC since 22 May and a staggering 130,000 BTC in the last 4 weeks alone.
Best regards EXCAVO
Note
The number of active addresses in the Bitcoin network has grown sharplyGlassnode recorded a 30% rise in active addresses on the Bitcoin network last week. The value increased from 250,000 to 325,000. A similar figure was observed in July 2020, when BTC was worth about $ 11,300.
Note
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