Will Bitcoin Price Crash Again As Active Addresses Are 25% Lower Than ATH?

Quick Summary:

Bitcoin (BTC) price hit $73,681 on Bybit exchange on October 29 but failed to retest the all-time high (ATH) of $73,949.

Hence, a potential crash could be brewing for Bitcoin.

Although BTC was $267 away from its peak, there are no signs that investors have comeback yet.

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Article Details

Author / Journalist: Akash Girimath

Category: Crypto

Markets: India

Topics: Bitcoin price Price Analysis BTC price Bitcoin Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 15:45:38 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 458 words

Reading Time: 3 minutes read

Sentences: 47 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23351221

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 20 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #59

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