Bitcoin confronts key barrier: What next as BTC transaction fees dwindle?

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Bitcoin (BTC) price is on the balance amid dwindling transaction fees.

Bitcoin price has nicked $66,000, but transaction fees have dropped after peaking at $128 on April 20 halving hype. BTC strength at around $60,000 continues to protect the range low of the re-accumulation range around $59,195. Swiss Bitcoiners call for National Bank to buy BTC for its national reserves for independence from the European Central Bank. Bitcoin price is on the balance amid dwindling transaction fees.

pic.twitter.com/3VOytxJZnZ — Ash Crypto April 22, 2024 Nevertheless, the bulls are showing strength near $60,000, which protects the range low of the re-accumulation range at $59,195. With this, @rektcapital says BTC may remain range-bound for the next few weeks. #BTC Bitcoin has managed to protect the Range Low of the Re-Accumulation Range Because of Bitcoin's strength at the ~$60000 Range Low...

 

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