Ali Martinez Pointed Out This Trend in Bitcoin: “It Reached a Historical Peak”!

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Crypto analyst Ali Martinez’s latest tweet‘I Bitcoin He noted a notable trend in (BTC). Although the price of Bitcoin has remained stable around $26,000, there has been a surprising increase in new BTC addresses. This development is seen as a significant bullish divergence from an on-chain perspective.

One indicator highlighting this upward trend is the record number of addresses currently holding 0.1 or more Bitcoin, which has reached an all-time high of 4,487,486. Additionally, the number of non-zero Bitcoin addresses reached a historic high of 49,138,848. These statistics show increasing interest and participation among investors in the BTC market, even amidst price unrest.

Amid these developments, some market analysts are discussing the possibility of a “death crossover.” Drawing on historical data, they note that previous bear markets witnessed a market decline following the intersection of the 50 and 200 moving averages (MA). With this, cryptocurrency Since units are affected by a number of factors, it is very important to evaluate this factor together with other market dynamics.

However, while the crypto community is following these developments closely, there is another important event on the horizon. The Federal Reserve is scheduled to hold a very important meeting on September 20. The prevailing sentiment in the market is leaning strongly towards an expected “pause” in decisions, with 97% of market participants expecting this outcome.

FTX, meanwhile, made headlines by seeking authorization to sell $3.4 billion worth of cryptocurrency assets at a rate of $200 million per week. At the same time, the SEC Binance.USRegulatory concerns remain, with the company accused of violating securities laws, raising concerns about the security of US citizens’ assets on the platform.


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