Confluence Confluence Onchainactivity Confluence Onchainactivity
Bitcoin
This composite signal summarizes the overall strength of Bitcoin on-chain activity.
Why it matters
It condenses transactions, addresses and volume into one activity gauge.
How it is built
Normalized on-chain activity metrics are blended into a single strength signal.
What to watch
Strong on-chain activity supports price with genuine usage; weakness warns of fading fundamentals.