Bitcoin & Ethereum brace for a bleak Q1 – Massive rally unlikely?

Source of this Article
AMB Crypto 9 months ago 192

  • Bitcoin and Ethereum saw a notable decline in retail adoption, as reflected by shrinking network activity. 
  • Will Q2 signal the onset of a deeper corrective cycle?

According to the chart below, since Bitcoin’s [BTC ($87,612.00)] post-2020 bull cycle, the expansion of unique wallets and active addresses has slowed, particularly among wallets holding balances exceeding $1.

This stagnation aligns with the adoption curve model, suggesting institutional accumulation has consolidated BTC into fewer high-value wallets. 

Bitcoin Ethereum adoption curve



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