Bitcoin registered its largest weekly close during the middle of October, and last week, it was topped again by closing at $62,500. Over the current week, Bitcoin reached as high at $69,000 but at press time, it is currently consolidating under $64,000 yet again.
While the long-term narrative is strongly bullish right now, signs of concerns are surfacing all over on-chain fundamentals and the tide may turn in the opposite direction.
Source: Santiment
One of the strongest sell signs is currently being illustrated by Price-Daily Active Addresses Divergences or Price-DAA. As observed, rising price action is not matched with higher active addresses. But it is important to note that it has been a trend for the better part of 2021. Regardless, it is
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