🔍 Analysis: Bitcoin demand is making a strong comeback!
While many people are focusing too much on price fluctuations, data from CryptoQuant is showing a positive signal for buying pressure. Demand for Bitcoin, especially in the spot market, has improved noticeably compared to last month.
*Detailed figures:*
📈 Total demand: Back in positive territory, exceeding 14,000 BTC
📉 Spot demand: -17,000 BTC (a sharp improvement from -207,000 BTC on September 20)
📊 Derivatives demand: Holding steady, averaging around 32,000 BTC
*Why does this matter?*
🚀 A strong recovery in spot demand while prices are falling signals healthy absorption, laying a solid foundation for the next rally.
💪 Investor sentiment is shifting from concern to accumulation, showing that long-term confidence in this asset remains very high.
👉 Follow the market 24/7 — Follow the Channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1
#BTC #CryptoMarket #Trading #Crypto #Bitcoin $BTC
While many people are focusing too much on price fluctuations, data from CryptoQuant is showing a positive signal for buying pressure. Demand for Bitcoin, especially in the spot market, has improved noticeably compared to last month.
*Detailed figures:*
📈 Total demand: Back in positive territory, exceeding 14,000 BTC
📉 Spot demand: -17,000 BTC (a sharp improvement from -207,000 BTC on September 20)
📊 Derivatives demand: Holding steady, averaging around 32,000 BTC
*Why does this matter?*
🚀 A strong recovery in spot demand while prices are falling signals healthy absorption, laying a solid foundation for the next rally.
💪 Investor sentiment is shifting from concern to accumulation, showing that long-term confidence in this asset remains very high.
👉 Follow the market 24/7 — Follow the Channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1
#BTC #CryptoMarket #Trading #Crypto #Bitcoin $BTC