Bitcoin’s price recently dipped below the $87,000 mark as network activity declined by a significant 40% in early 2025. Analysts are attributing this bearish trend to a decline in user engagement and transactions on the Bitcoin blockchain. While recent market conditions may suggest a continuation of this bear market, historically, periods with declining network activity have often coincided with price drops, particularly those seen between 2018 and 2022. The article examines historical patterns within the cryptocurrency market to see if these trends hold true moving forward. 2017 and 2021 saw significant surges in Bitcoin prices following periods of increased network activity. These examples illustrate the positive correlation between network activity and price movements in bullish markets. However, experts caution that this trend may lead to continued downward pressure on Bitcoin’s value, potentially impacting investor sentiment. The future direction of Bitcoin prices remains unclear, with the ongoing decline in network activity a key indicator for investors.