Bloomberg Report: Active Bitcoin (BTC) Addresses Point Towards $12,000
en.ethereumworldnews.com
The report explains that the number of active Bitcoin addresses points to demand that could push BTC to $12,000 in the near future. By using the famous law of supply and demand, the report explains that an increase in Bitcoin addresses currently being used points towards a BTC price of $12,000.
Image courtesy of Bloomberg Intelligence.Bitcoin is Maturing With the Rise of CME Bitcoin Futures Open Interest
Furthermore, July’s Bloomberg Crypto Outlook report indicated that the continual rise of the CME futures open interest is a confirmation that Bitcoin is maturing. Bitcoin is a Digital Version of Gold
To conclude the analysis of a maturing Bitcoin, the Bloomberg report likened Bitcoin to a digital version of gold.
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