Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account.
We should be more concerned about to what level or extent is bitcoin anonymous ?
When I only started working with crypto, I thought that bitcoin is completely anonymous and it is impossible to track, who is the owner of money. But while I was learning more about Bitcoin technologies, I understood that all addresses can be checked and due to IP address, or your personal information on centralised exchange, you can be found. So privacy is an open question in crypto.