Skip to content
Back to Guavy Wire
Crypto

Bearish Momentum Looms as Bitcoin Network Activity Hits New Low

Instruments
BTC
Share

The Bitcoin network has been flashing warning signs as activity slows down. A recent analysis by crypto analyst Yonsei_dent on CryptoQuant reveals a decline in Bitcoin's network fundamentals since Q4 2024.

The Active Addresses (AA) metric, which tracks the number of wallet addresses participating in transactions over a defined period, has been declining steadily. This metric often gauges investor sentiment on the blockchain.

A 'death cross' has appeared, marked by the 30-day moving average (30DMA) for active addresses crossing below the 365-day moving average (365DMA). This pattern suggests looming bearish momentum and possibly extended downturns in both price and network activity.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc