Bitcoin is well and truly stuck, the analysis concludes, but there are signs that a BTC price breakout from an increasingly “unstable” range is brewing.
Bitcoin network activity has hit three-year lows as a sense of “disinterest” descends over crypto markets.
In one of its Quicktake blog posts on Sept. 4, onchain analytics platform CryptoQuant warned over new BTC price weakness.
Bitcoin (BTC) transaction numbers have suffered as a result of months of sideways BTC price action, data shows.
