May 2, 2024

Bloomberg said BTC fundamental performance improvement

Bloomberg said BTC fundamental performance improvement

Mike McGlone of Bloomberg's team of analysts drew attention to the emergence of a factor that shouldbring the Bitcoin (BTC) rate to $ 12,000.

Этот эксперт и ранее неоднократно указывал на the gigantic potential of the largest cryptocurrency. In early June, McGlone opined that BTC could test $20,000 by the end of this year.

This week, a Bloomberg analyst published a review in which he noted the positive value of such a factor as the increase in the number of active bitcoin addresses. He referred to Santiment team data.

Bloomberg said BTC fundamental performance improvement

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Platform experts reported that the amountEthereum’s daily network addresses interacting with BTC reached a two-year high (1.07 million). The last time around the same number of wallets interacted in mid-January 2018.

McGlone noted that the data providedThey talk about improving the fundamental indicators of cryptocurrency. He also added that increasing the number of active bitcoin addresses is an important signal for the resumption of coin growth. The result of the new BTC rally should be $ 12,000.

Analyst also refers to service dataCoinMetrics, previously reported that the number of unique Bitcoin wallets has reached an annual maximum. The last time such factors appeared, Bitcoin was able to break out of its “bear paws” and resumed expansion.

Over the past week, Bitcoin has been trading in the channel $ 9000-9200:

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