With 25 000 new bitcoin addresses created today and new money keep flowing into bitcoin market it's clear that bullish trend is very strong, but do you think creation of new addresses is a valid metric ? Creation of a new address doesn't automatically means that the user is new, I have many bitcoin addresses.
Frankly, this might be a good action on the part of these investors, if they are new address from new holders then it is a good metric and a valid type but if not, they can't hold water for a valid metric in my opinion. Anybody can choose to create some new random wallets addresses which will be funded from the old wallets addresses, so, with this act there won't be a valid metric for bullish thread we have be seeing recently.