The number of daily transactions in Bitcoin is collapsing so quickly that we are now seeing the fewest number of daily Bitcoin individual trades than in five years.
I firmly believe that much of the action in the crypto world was in reality a vicious price manipulation and this trading data in this trend analysis chart only confirms it.
In December when Bitcoin was rising people thought that everyone would be using Bitcoin one day, but now fewer and fewer people are doing transactions with it than before.
Yes this is evidence that the Bitcoin cartel has lost price control.
But it is also a sign that Bitcoin itself is now a passing fad for the masses and is simply going to in time die out.
