The transaction activity on the Bitcoin network has fallen to levels not seen since October 2023.
Weakness sign? Not at all. Rather, it seems that most people do not use Bitcoin to pay for coffee, but rather to quietly accumulate it and store it as digital gold.
Less movement, more hodlers. The narrative remains intact: those who understand, accumulate.
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The transaction activity on the Bitcoin network has fallen to levels not seen since October 2023.
Weakness sign? Not at all.
Rather, it seems that most people do not use Bitcoin to pay for coffee, but rather to quietly accumulate it and store it as digital gold.
Less movement, more hodlers.
The narrative remains intact: those who understand, accumulate.