Bitcoin Network Activity Surges as BTC Price Eyes Rebound

Bitcoin Network Activity Surges as BTC Price Eyes Rebound
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The Bitcoin network is showing signs of revival as active addresses surge to a six-month high. A key technical indicator also suggests a potential price rebound for BTC in the near term.

  • Bitcoin's daily active addresses have surged to over 925,000, marking a six-month high.
  • The TD Sequential indicator has flashed a buy signal, hinting at a potential short-term price rebound.
  • BTC's price has already recovered over $20,000 since early April lows but faced resistance near $98,000.
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