[Analysis] "Bitcoin, Decreasing Demand... Funds Moving to Safe-Haven Assets"

Source
Suehyeon Lee

Summary

  • The demand for "Bitcoin" is continuously decreasing, highlighting investors' cautious attitude.
  • The ratio of newly mined "Bitcoin" and Bitcoin that hasn't been traded for more than a year is decreasing, showing weakened buying pressure.
  • Analysis shows that investors are moving funds to "safe-haven assets" amid political and economic uncertainties.
Photo=CryptoQuant
Photo=CryptoQuant

Analysis shows that Bitcoin demand is continuously decreasing, highlighting investors' cautious attitude.

On the 14th (local time), CryptoQuant author Darkfost stated, "The ratio of newly mined Bitcoin and Bitcoin that hasn't been traded for more than a year has decreased, showing weakened buying pressure. Currently, this ratio has fallen below 0, and the decrease in demand for Bitcoin has continued since December."

The author further analyzed, "This signals that investors are moving funds to safe-haven assets such as gold and bonds amid political and economic uncertainties, showing a cautious attitude."

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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