$BTC just dropped 4% from its peak of $97K — and still, is everyone looking towards $100K? Let's talk about the facts.
On May 2, on-chain activity exploded, reaching a 6-month high with over 925K active addresses in a single day. Normally, that's bullish… right? 🚀
But instead of rising, BTC fell almost 2% the next day. Déjà vu from March: active addresses increased ➝ BTC fell. 📉