The current price of $BTC Bitcoin has soared to $68,350, just one step away from the psychological level of $70,000, which can be reached with only a 2.4% increase. In addition, the price of Bitcoin is approaching the resistance area of 69,400 to 71,500.
In terms of foreign exchange trading, the recent peak of capital inflows and outflows occurred between October 13 and 16, but trading volume has continued to decline since then and has now dropped to the lowest level of the year. In the past two days, 3,760 Bitcoins were transferred out of the exchange, while 3,940 Bitcoins flowed in, indicating that the inflow was slightly higher than the outflow.
Since mid-October, the number of addresses actively sending Bitcoin has been decreasing, while the number of addresses receiving Bitcoin has been increasing. It increased from 379,545 addresses on October 13 to 625,308 on October 18. This trend shows that the number of people buying Bitcoin exceeds the number of sellers, and the number of addresses receiving Bitcoin is increasing, while the number of sending addresses is decreasing.