Bitcoin network activity surges to near historical highs, driven by small transactions, with $BTC daily transaction count exceeding 800,000 transactions 🔥
Entry: 37000
Target: 42000
Stop Loss: 35000
The increase in on-chain activity is largely driven by protocols such as Runes, Ordinals, and BRC-20, generating a large number of low-value transactions, which could drive up transaction fees for economically sensitive transactions.
Not financial advice. Manage your risk.
#BTC #LongSetup #CryptoMarketAnalysis
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