Bitcoin ‘Active Entities’ at Highest Since 2017 Bull Run

[Riya143]

An on-chain metric suggests the Bitcoin network is garnering users despite the cryptocurrency’s extended period of comatose price action.

The seven-day moving average of Bitcoin's "active entities" rose to 305,355 on Tuesday to hit the highest level since Dec. 23, 2017, according to blockchain analytics firm Glassnode.
The previous 1.5-year high of 301,870 was reached on May 12.
The average has risen by 14% this month.
Read More: https://www.coindesk.com/bitcoin-active-entities-at-highest-since-2017-bull-run

[Alcor]

Even without sophisticated technical analysis, we can see that bitcoin and altcoins are now growing quite well in price over the past ten days. Moreover, in the future, we expect a traditional significant increase in the price of bitcoin, which usually manifests itself within a year after the remuneration to miners is halved for each new mined block.
Also, for the first time, we can witness a sharp growth in the cryptocurrency market during the global economic crisis. Therefore, the expectation for price increases in the cryptocurrency market is very high.

[Bobcrypto]

The past records of Bitcoin performances were not actually analysised at any time to withnes any bull market especially the 2017 Bitcoin all time records. I think Bitcoin has failed many analysis and predictions, thought certain forecast or analysis has helped many people (investor/traders) to position themselves ahead on any possibilities of the market trends.

[syedrasool2011]

this year highest since 2017 bull is coming 20k stop.