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I'M ABOUT TO GO ALL IN ON BITCOIN AGAIN!!!! - [Higher Prices Incoming End 2024..]One of the primary factors that can cause transaction delays is network congestion. When the network is experiencing high transaction volumes. On the Bitcoin network, the average confirmation time for a BTC payment is about 10 minutes. However, transaction times can vary wildly. Cryptocurrency transactions are confirmed on various blockchains, which can sometimes be overloaded. When this happens, you have to include a higher transaction.