No matter what happened, even during Bear Markets the amount of active addresses have been making higher lows since the beginning.

Usually we talk about the price showing a clear upwards trend throughout Bitcoins history as every Bear Market has had way higher prices during each bottom formation. But there is one metrics that has even more consistently been making those higher lows for pretty much the whole existence of Bitcoin, and that is even a very useful and important metric.

I am talking about the amount Active Addresses on Bitcoin. While we all know how Bitcoin has progressively been increasing the amount of its addresses and it its now even over 40M addresses, that is a bit of a flawed metric as many auto-generated addresses are included for very small amounts of Bitcoin transferred or none at all.

Here comes in the Active Addresses metric, which according to me is the BEST to showcase the constant and progressive growth of Bitcoin and thus Crypto.

​

Chart from onchaincollege on Twitter

Here on this chart we can see how the amount of Active Addresses has never declined over a high-time frame, but instead we always made high lows. Even during this Bear Market we made an high low in comparison to the China mining ban in May 2021.

This growth just showcases that no bear market can really balk the growth of Bitcoin and that especially in the long-term the growth of Bitcoin and all of Cryptos Active Addresses will be linear and upwards.