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analysis by On-chain Farsi about Symbol BTC on 2/11/2023

https://sahmeto.com/message/94250
On-chain Farsi
On-chain Farsi
Rank: 8156
1.4
،On-chain Farsi

🔰 رشد اخیر قیمت به دو دلیل با محدودیت مواجه است قیمت در یک ماه گذشته ۵۷ درصد رشد داشته است؛ But given the number of transaction Bitcoin and the speed of Bitcoin circulation on the network, it seems that the uptrend is facing restrictions. 1. The number of bitcoin transactions has increased with price growth, which we usually see as such a pattern. But on the other hand, if we see the number of bitcoins that have been moved to network transactions, the number of bitcoin transfer is declined. In other words, the number of bitcoin transactions has increased, but the number of bitcoin displaced in transactions is decreasing; So it can be said that the price has grown by a limited number of whales. Another reason for price rise is the relative increase in liquidity in the market, and since the market faced a sharp decline in liquidity, little liquidity entry was able to have a significant impact on the price trend. ادامه در پایین ... @Cryptoquant_fa

Translated from: Farsi
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Signal Type: Neutral
Price at Publish Time:
$21,685.22
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