Changes in Bitcoin's network node count significantly impact its decentralization and price. A higher node count enhances decentralization by distributing control across more independent validators, strengthening network resilience against attacks and censorship. Historical data shows node counts peaked at over 13,000 in 2021, reinforcing Bitcoin’s ethos, while drops, like the 47,000 low in 2020, raised centralization concerns. More nodes improve transaction verification, reducing reliance on centralized entities, which aligns with Bitcoin’s value proposition of scarcity and autonomy. Price correlation is less direct—bull runs often precede node spikes, not vice versa, as seen in 2018-2019. However, sustained decentralization bolsters investor confidence, potentially supporting long-term price stability. Conversely, declining nodes could signal vulnerability, deterring investment. Thus, node count is a key metric for Bitcoin’s health and market perception.