Bitcoin Addresses Touch 5-Month High With BTC Price Bounce
However, there’s some profit-taking as well with the BTC price tanking under $26,000. As of press time, bitcoin is trading 2.8% up at $25,922 with a market cap of $505 billion. advertisement On-chain data provider Santiment reported that Bitcoin remains the dominant player in terms of price and has surged to reach as high as $26.5K. Notably, the Bitcoin network has witnessed interactions from 1.1 million daily addresses since Thursday, marking a five-month high. Today, traders are opting for profit-taking following the modest increase observed since yesterday. Courtesy: Santiment Although the BTC price has slipped under $26,000 at press time, Bitcoin technical indicators continue to show some optimism along the line. Popular crypto analyst Ali Martinez noted: “ As we navigate a week with key financial events, it’s crucial to highlight that the TD Sequential indicator has signaled a ‘buy’ on the $BTC weekly chart. For this to be ...