According to Axel Adler, an on-chain analyst, Bitcoin [BTC] is yet to hit its highest level of demand. He believes that BTC will...
is yet to hit its highest level of demand. According to him, this may be the case because the demand from new investors has been low, compared to previous bull markets.
In the metric provided by IntoTheBlock, we have the new addresses, active addresses and zero-balance addresses. Active addresses measure the number of existing users transacting on the network. At press time, Bitcoin’s 90-day MCA was still on its uptrend from 1 June. Should this go on, the price of the coin might drop, and the $61,000 prediction could
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