Active Bitcoin addresses show significant activity on the network, indicating investor participation. At the beginning of November, a "golden intersection" was observed, which can signal an increase in the price. Although the current level of active addresses is 1M, it can still grow, considering that in 2017 and 2021 this figure reached 1.28M and 1.36M respectively.

Transaction volume remains consistently high, doubling 2021 levels. Bitcoin ETFs have been an important factor in the growth, supporting prices by attracting new capital and reducing selling pressure.

If active addresses and ETFs continue to rise, this could add momentum to further Bitcoin price gains.