Bitcoin Money Velocity Hits 2010 Lows, As BTC Price Flatlines18.44

Bitcoin’s monetary velocity is at its lowest point in eight years, and investors should be “realistic” about the chances of the 2018 bear market ending in the medium term.

That was the message from data analyst Willy Woo October 29, who uploaded new data tracking quarterly velocity for Bitcoin versus USD money supply.

Original source
https://bitcoinist.com/bitcoin-monetary-velocity-hits-2010-lows-amid-calls-for-realistic-bear-market-expectations/

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