That would mark the highest number of transactions since...
Well, since the peak of the bull run in late 2017 and early 2018!
(Source: ~~~ embed:1094276304197828609) twitter metadata:a29ub25lbmtvX3N0YXN8fGh0dHBzOi8vdHdpdHRlci5jb20va29ub25lbmtvX3N0YXMvc3RhdHVzLzEwOTQyNzYzMDQxOTc4Mjg2MDkpfA== ~~~
Looking at the chart, it looks like we are the highest levels since January of 2018.
Interestingly enough, bitcoin fees were up over $30 the last time we saw this level of activity.
We aren't anywhere near those levels now.
Why is that?
SegWit SegWit SegWit.
Adoption of SegWit has increased dramatically since then.
That has helped drive fees down and keep them there.
Fundamentals are improving!
Good to see!
Time for a Bull Run 🏃
I think we have a bit of sideways action for a while, but I think we are getting close to finally getting out of the bear market.
what about this Sir ?
What about it? Draw the line on your second triangle a little more vertical and you have a breakout after the price action yesterday. You can make a chart say whatever you want it to based on how you draw your lines...
And by the way what I posted has nothing to do with bitcoin's price or chart...