Is Bitcoin Heading Towards a Decline to $22,000?
Bitcoin is presently in a consolidation stage, trading within the range of $25,986 to $32,000
The rate of change in the total number of Bitcoin wallets over the past 30 days has decelerated
The average transaction size for Bitcoin has also experienced a significant decline
The put-to-call ratio for Bitcoin has risen, signaling a bearish sentiment among traders towards the cryptocurrency
Bitcoin's volatility index has decreased, suggesting that market participants are anticipating reduced volatility in the cryptocurrency.
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