
Crypto lover and crypto investor
427 Followers
š Total crypto market cap managed to recover $2.5 trillion and is now in a triangle pattern. MACD and Ichimoku cloud indicators also confirm the upward trend.
Now, in the last 6 weeks, the significant decrease in transactions and price correction and decrease in demand caused transaction fees to drop to $1.12 per transaction, and this is the lowest amount in the last 6 months.
šÆ For the second week in a row, institutional investors had no inflows and in the past week they had 206 million dollars of capital outflow.
š So halving events have always seen an increase in hash rate. While it is possible that after the halving of this index, it will enter the corrective phase for some time. š Continuous increase of hash rate over time means investment in Bitcoin infrastructure has increased steadily over time.