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Shwayze
Jun 21, 2021 2:39 AM

BTC Total Transactions = Short Short

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin Alert: This technical analysis is solely based on on-chain data. Bitcoin Transactions have fallen out of their norm, and alerted me on my python app I built. I took a look, and they fell well below their average lately.

We have a new low for BTC Transactions, which means we have a new low for BTC price coming up.

Dont fret, this is temporary move. If you are buying bitcoin, keep doing the dollar cost average thing, you can help yourself a lot by doing that with any asset that has high volatility. Just $100 per week for example, but your choice.

Enjoy!
Comments
CgGoje
thanks for sharing. Any targets in mind?
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