Recently, there has been a significant increase in new addresses on the Bitcoin network. In August, it surpassed 588,000, reaching the second-highest influx of new addresses. This surge indicates a noteworthy divergence between Bitcoin's price and network growth, which is being positively evaluated. Active addresses also continue to remain stable, indicating strong Bitcoin user activity. However, on a daily timeframe, the Bitcoin price is still following a negative trend and remains at lower levels. The Short-Term Moving Average has become a significant resistance, preventing the price from rising.
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