Forwarded from Coach
BINANCE COIN 💰
Currently rejected from a supply zone as well as the golden pocket resistance zone.
Major view: Retesting the previous broken ascending support { BEARISH }.
To be bullish expect a Change of Character to happen to start printing new highs, In order to new highs BNB should close candles above 320$ and start the new uptrend
🥳 @Coach
Currently rejected from a supply zone as well as the golden pocket resistance zone.
Major view: Retesting the previous broken ascending support { BEARISH }.
To be bullish expect a Change of Character to happen to start printing new highs, In order to new highs BNB should close candles above 320$ and start the new uptrend
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2022 was the cheapest year to use the Bitcoin network if to calculate costs in Satoshi (SATS).
In the dollar equivalent, the cheapest year was 2012, when the network could be used almost free of charge.
The highest level of block space utilization was recorded in 2017 (over 90%).
@Bitcoins
In the dollar equivalent, the cheapest year was 2012, when the network could be used almost free of charge.
The highest level of block space utilization was recorded in 2017 (over 90%).
@Bitcoins
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Despite bearish BTC price action throughout 2022, activity on the Bitcoin network has remained stable. The number of active Bitcoin wallets was flat in 2022, at ~4.5M — inline with the numbers from the past four years.
Looking at a four-year cycle, the active wallet count is even trending upwards slightly. But at the same time, it’s clear that active address growth has been stagnant since roughly Q1 2021.
Active address levels have found a higher base than in the previous cycle, so we haven’t seen a significant exodus of users from the Bitcoin network. But we haven’t seen significant growth, either.
Instead, we’ve seen active wallets on Bitcoin remain relatively flat throughout all of 2022. Even when they peaked in 2020, they barely surpassed the prior high from 2017.
@Bitcoins
Looking at a four-year cycle, the active wallet count is even trending upwards slightly. But at the same time, it’s clear that active address growth has been stagnant since roughly Q1 2021.
Active address levels have found a higher base than in the previous cycle, so we haven’t seen a significant exodus of users from the Bitcoin network. But we haven’t seen significant growth, either.
Instead, we’ve seen active wallets on Bitcoin remain relatively flat throughout all of 2022. Even when they peaked in 2020, they barely surpassed the prior high from 2017.
@Bitcoins
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14 years ago, on January 12, 2009, Satoshi Nakamoto made the first BTC transaction to Hal Finney sending 10 BTC.
https://www.blockchain.com/btc/tx/f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16
@Bitcoins
https://www.blockchain.com/btc/tx/f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16
@Bitcoins
Blockchain
Transaction: f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16 | Blockchain.com
The easiest and most trusted transaction search engine and block explorer.
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4-year halving cycles.
Every 4 years, the reward per block is cut in half.
There will only ever be 21M bitcoin & over 90% have already been mined.
@Bitcoins
Every 4 years, the reward per block is cut in half.
There will only ever be 21M bitcoin & over 90% have already been mined.
@Bitcoins
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