3 Key Things to Watch for on Bitcoin as It Hangs Between $30,000 and Potential $25,000 Revisit

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3 Key Things to Watch for on Bitcoin as It Hangs Between $30,000 and Potential $25,000 Revisit
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Here are 3 key things about Bitcoin to watch before the next bull run as several dormant $BTC wallets have awakened. santimentfeed lookonchain

before it starts the next bull run. Currently, the price of the flagship cryptocurrency is drifting slightly above $27,300, and many are arguing whether it is going to retake $30,000 or revisit $25,000.The three crucial metrics the Santiment analytics team looked at are trading volume, circulation of coins and BTC wallet activity.

Santiment has shared the analysis of the three aforementioned metrics in the context of the three-month BTC rise that took place at the start of 2023.a quick fallback. Once the BTC price surpassed $30,000, the trading volume went back to the lowest mark since the start of this year.

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