Bitcoin’s Network Activity Reaches an All-Time High as Price Rockets Higher

 


  • Bitcoin has been caught within the throes of an intense upswing, with buyers maintaining full control of its price action as they move to push it up towards $19,000
  • The strength of this latest push higher has come about as the entire market rallies in tandem, which is a tell-tale sign that the crypto market is caught in the throes of a full-fledged bull trend
  • Where BTC trends next will likely set the tone for the entire market. Bulls must close its daily candle above $18,600 for it to extend this momentum in the near-term
  • This comes as the Bitcoin network grows fundamentally healthy, with its utilization reaching all-time highs

Bitcoin and the aggregated crypto market have been caught in the throes of one of the most intense bull markets seen since 2017.

Not only is BTC just a hair away from setting fresh all-time highs, but the rest of the crypto market is…


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