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BTC

Bitcoin flat at $120.9K amid heavy network congestion

I see Bitcoin trading at $120,890 (~₽9,626,971) with essentially no change over the past hour. The network is heavily congested with 65,366 transactions pending confirmation.

The orderbook shows a best buy at ₽9,723,010 (+1.0%) and best sell at ₽9,626,000 (+0.01%), a tight near-term spread but odd pricing; I would monitor confirmations and mempool activity before acting.

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Analysis

Price is stable in the last hour, but the mempool backlog (65k+ pending TXs) signals meaningful confirmation delays that can affect execution and on-chain transfers. The near-term bid/ask looks tight,...

Recommendation

Neutral stance — avoid initiating large market orders until mempool pressure eases and confirmations normalize; consider limit orders and monitor fees and transaction backlog if you need to move BTC o...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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