🔎 Demand in free fall, but no bear market?



📊 Today, I'd like to introduce you to an indicator that I find interesting: Apparent Demand. This is an indicator of whether demand for Bitcoin is high or low.

According to the metric coming from the CryptoQuant website, we can see that demand is in free fall from the top...

🧐 Even so, we have already had a drop in demand in 2024 (périodes rouges), and for the moment, demand has not fallen as sharply as at the end of 2021 or as in 2022.

👀 So this metric shows that investors are staying on the sidelines for the time being, but a new period of intense demand is still possible.
BTC0.29%
J-2.07%
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