Coinbase: Bitcoin has bottomed out at $16,000

Over the past few weeks, bitcoin volatility has held at a two-year low.
A report by Coinbase analysts said that the largest digital currency at the end of 2022 was able to touch the bottom around $16,000.
The main factor signaling that the bottom has been reached is an increase in the number of unprofitable addresses in the network. This share exceeded 50% by the end of December.

Leave a Comment