These 4 Fundamental Signs Show a Bitcoin Bull Rally is Growing More Likely

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Bitcoin and crypto haven’t been spared the recent crash in global markets. From its February peak of $10,500, the price of BTC is down around 33% as of April 18th, falling in tandem with global equities and commodities. And yet, multiple sets of data and other signs indicate that the crypto industry is anything but dead, and that yet another full-blown bull run is on the horizon. A Bitcoin Bull Rally Is Brewing: Metrics As observed by crypto exchange ShakePay, despite “the most significant economic collapse of the 21st century,” Bitcoin hasn’t been fazed. In fact, the firm noted that per Coin Metrics, the number of active addresses on the network is reaching a multi-month high, recently surmounting the sum of 840,000 addresses. This is notable as it’s a metric that has historically grown to mark the start of Bitcoin price rallies, then remained consistently high to cement bull trends.…

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