[Analysis] "Bitcoin Shows Recovery in Retail Investor Demand"

Source
Uk Jin

Summary

  • Bitcoin is showing recovery in retail investor demand despite market weakness.
  • Bitcoin's 30-day demand change indicator shows dramatic improvement, indicating increased retail investor interest.
  • Historical data shows that when retail investor demand recovered, short-term price increases in Bitcoin were observed.

Despite Bitcoin (BTC) showing weakness, analysis suggests that retail investor demand is actually recovering.

On the 25th, CryptoQuant contributor DarkPost reported through analysis that "Bitcoin's 30-day demand change indicator has risen to near 0%, which is a neutral level," indicating "this shows retail investor interest is reviving." The previous reading of this indicator was -21%, demonstrating a dramatic improvement in retail investor demand.

Regarding this, DarkPost explained, "While it may take some time, historically when retail investor demand recovered, short-term price increases in Bitcoin were observed."

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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