Bitcoin velocity is the total number of coins moved in a year divided by the total supply. This metric shows how quickly coins are moving through the market. In previous cycles, we have seen an increase in velocity before a bullish recovery. The reason for this was that market whales were moving large amounts of Bitcoin through the network, leading to an increase in transaction volume. But recently, the velocity has not changed much. This is due to the uncertainty of the US presidential election and macroeconomic conditions, which have caused major whales to refrain from entering the cryptocurrency market. The positive side is that the supply of stablecoins is constantly increasing. If the external negative factors I mentioned are resolved, the probability of a bullish rally is very high. In short, the situation is neutral for now, friends. But keep these indicators in mind. The page can be turned at any time!
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