Active Addresses (active addresses) #Bitcoin provides information about network activity and investor participation levels.

By analyzing the monthly (🔴) and yearly (🔵) MA lines of this index, market trends can be recognized.

When a golden cross occurs, it often signals bullish momentum.

In November of this year, the number of active addresses recorded a golden cross, currently reaching 1 million.

- In 2017: The index peaked at 1.28 million.

- In 2021: Peaked at 1.36 million during the strong Bitcoin price increase.

The number of active addresses often peaks near the end of the growth cycle, but currently, this index may still have room for growth.

Additionally, the number of transactions is also very strong, maintaining levels that are double compared to the 2021 cycle, this is another positive signal supporting #BTC will continue to rise.