Bitcoin Update (4H) Bitcoin did a Successful Breakdown from the Ascending Triangle pattern in the 4H timeframe. Right now, it's moving for a Retracement . Let's see if it's a Retracement or fake out. A successful Retracement from here will leads to more Fall. So keep a strict watch today . #BTC
#BTC The post Bitcoin Network Metrics Show Strength Amid Market Volatility appeared first on Coinpedia Fintech News
Recent data highlights a significant increase in Bitcoin’s network activity. The mean block size surged by 26.35% in the past 24 hours, reaching 1.752 MB, indicating a rise in transaction volume and network usage.
Additionally, Bitcoin’s hash rate increased by 1.26% to 3.185 TH/s, showcasing the robust computational power securing the network. These metrics reflect a healthy and active Bitcoin ecosystem, suggesting strong underlying supporting a potential uptrend beyond $74K.