$BTC apparent spot demand just flipped into expansion territory — only the second time this year. Worth noting because historically, when this signal fires during bear markets, median return sits at 23% over the next 60 days.
This isn't a guarantee, but it's a structural shift worth tracking. Spot demand expansion suggests accumulation is outpacing distribution at current levels. In past cycles, this kind of flip has marked early-stage bottoming processes before sustained rallies.
The setup: if demand holds and price clears resistance, you're looking at a potential 60-day window where risk/reward tilts favorably. Invalidation would be demand rolling back over or price failing to follow through.
Chart meets chain here — spot flows are saying something, and the historical playbook gives it weight. Not a call to ape in, but a signal to watch closely as structure develops.
This isn't a guarantee, but it's a structural shift worth tracking. Spot demand expansion suggests accumulation is outpacing distribution at current levels. In past cycles, this kind of flip has marked early-stage bottoming processes before sustained rallies.
The setup: if demand holds and price clears resistance, you're looking at a potential 60-day window where risk/reward tilts favorably. Invalidation would be demand rolling back over or price failing to follow through.
Chart meets chain here — spot flows are saying something, and the historical playbook gives it weight. Not a call to ape in, but a signal to watch closely as structure develops.