Bitcoin Weekly Active User Retention
Bitcoin weekly active users cohort analysis tells us how "sticky" is bitcoin for its users. How sticky a technology is, is a great predictor of its future. The chart reflects the users that transact in consecutive 7-day periods.
The values are computed by identifying the addresses used by the same user in multiple transactions. Using those users, we compute retention.
- The values may change as more blocks come in, and we identify users better
- Only on-chain data was used.
- Historical data is calculated using the bitcoin USD price at the transaction date.