{"id":4009,"date":"2020-07-17T16:22:31","date_gmt":"2020-07-17T16:22:31","guid":{"rendered":"https:\/\/atozcrypto.org\/?p=4009"},"modified":"2020-07-18T07:24:02","modified_gmt":"2020-07-18T07:24:02","slug":"bitcoin-shows-declining-trends-a-repeat-of-2017","status":"publish","type":"post","link":"https:\/\/atozcrypto.org\/bitcoin-shows-declining-trends-a-repeat-of-2017\/","title":{"rendered":"Bitcoin shows declining trends: A repeat of 2017?"},"content":{"rendered":"
The active supply of Bitcoin has hit its lowest point, only over 1 million Bitcoin (19-month low to be precise). But what does it mean? Experts mention that this may be the signs of a potential rise in the price.\u00a0<\/span><\/p>\n This may be due to the pandemic situation or the recent Twitter hack of famous US personalities. Earlier this year, the active supply has witnessed a record increase (twice), followed by a pullback. A similar graph is seen with Bitcoin addresses. It hit a year high point, before slowly declining. Both of these incidents can indicate a sharp rise in the price of these Bitcoins<\/a>.\u00a0<\/span><\/p>\n