🚀 Important developments are taking place in the cryptocurrency world! Bitcoin has reached the critical resistance zone where the 100 and 200-day moving averages intersect. 📈 At this point, the price could either enter a downtrend and pull back, or it could break through the zone towards the $30K target.

- According to daily chart analysis, Bitcoin consolidated around $25K and then entered an upward trend.

- Considering the importance of this resistance zone, there is a high probability of a rejection that could lead to a pullback and sharp downtrend.

- With the recent increase in Bitcoin price, there has been a significant increase in network activity.

- However, there has been a sharp decline in the number of transactions recently. This is not a positive sign and may soon negatively impact the market.

🔍 It is important to closely monitor the price movement in the coming days.#blockchain#cryptocurrency